The growth of Australia’s mining industry has positioned long-term dry hire as a highly attractive option versus purchasing equipment over the past five years.
This change in the mining industry has been driven by strategies to increase production, export volumes and bottom-line profitability.
As mining fleets expand, companies that are constrained by capital availability are regularly choosing to opt for long-term dry hire over purchasing.
National Group expects the preference for dry hire to continue to increase as Australia’s mining sector goes from strength to strength.
To learn more, download the material below.