Modern Mining February 2022

COVER STORY

Commodity boom drives demand for The commodity sector’s favourable performance streak, driven by robust demand across all commodity sectors including battery minerals, is carrying through into 2022 and has suppliers to the mining sector upbeat regarding the outlook for this year. In fact, equipment supplier Babcock has an order-book surpassing expec- tations, MD David Vaughan tells Modern Mining .

“ D emand for Babcock’s range of construction and mining equipment is extremely strong and we have a solid order-book going into 2022. Our customers have been lining up to take delivery of their equipment fleet – a sure sign that industry is keen to make the best of this year.” The equipment supplier credits its ongoing suc- cess in the mining sector to the premium quality products that are renowned for their productivity, reliability and fuel efficiency, and are well aligned to Africa’s arduous mining conditions. Babcock is the exclusive distributor of major international brands including Volvo Construction Equipment, Sennebogen and SDLG. “The strong demand for most commodities has translated into sturdy demand for Babcock’s mining equipment, especially for our large-scale machines, which are able to handle massive payloads and thus deliver quick returns,” says Vaughan. “Interestingly, we are seeing that the world-wide move for clean, green sustainable energy solutions is fast-track- ing developments in the electric vehicle (EV) and renewable energy segments, which, in turn, is driv- ing demand for energy metals. But this is not to say that fossil fuels are taking a back seat. Coal remains

the primary energy source driving African and Asian economies.” With demand for energy metals and bulk com- modities on the rise, the Northern Cape, South Africa’s largest province, is experiencing exponen- tial growth. The region is rich in resources, including iron ore, manganese and anthracite, as well as energy miner- als such as zinc, nickel, lead, copper and cobalt. Customer-centric Babcock, which has a branch network in Kathu in the Northern Cape, is mulling over the opportunity of growing its parts holding divi- sion and after-sales offering to keep apace of the region’s growth. The Northern Cape is home to manganese min- ers Hotazel Manganese Mines, Kalagadi Manganese and Kudumane Manganese Resources as well as opencast miner Afrimat, iron-ore miner Assmang, Anglo American’s Kumba Iron Ore mine and Petra Diamonds, among others. Robust demand for Babcock equipment The mining sector accounts for a large percentage of sales for Babcock, with continued demand for its larger heavy hauling products such as excavators,

12  MODERN MINING  February 2022