Lubricants company expects growth in mining segments
Certain segments of the mining sector that have traditionally provided most of the impetus for players in the mining lubricants industry have declined significantly, but lubricants specialist FUCHS Lubricants South Africa (FUCHS SA) commercial sales manager Mitch Launspach says the company expects slow, but consistent, growth in the mining segments in which the company operates. He tells Mining Weekly that the decline is especially prevalent in the gold and coal sectors; however, platinum and the mining of rare earth minerals, are “still strong and growing”.