Despite industry woes, 2016 is a big year for the mining equipment sector

"Sluggish prices for commodities and a glut of oversupply of many commodities did not stop the world’s largest mining equipment makers from showing off their latest and greatest machines and technology starting with the world’s largest equipment trade show, bauma 2016 in Munich, Germany.From April 8-14, an estimated 580,000 visitors from 200 countries visited the show that featured 3,423 exhibitors from 58 countries. While primarily a show for construction equipment, the mining footprint has grown over the years. Among the largest exhibits was that of Liebherr, which brought more than 100 products, had an outdoor exhibition stand, a stand for the components division and a career stand under the motto “Be Part of Something Bigger.” One of the biggest aspects of the exhibit was its mining products where the company staged the first-ever professional table tennis match in the 130 m3 (170 cu yd) dump body of the T 264 mining truck. The top German players Timo Boll and Patrick Franziska with their trainer Jörg Robkopf faced Austria’s singles world champion from 2003, Werner Schlager, and the reigning Team Europe champions Chen Weixing and Stefan Fegerl.“Bauma 2016 was an absolute success for Liebherr. With this year’s appearance we were once again able to show our innovative strength, performance and technological diversity to a very large and international audience from the industry. We conducted interesting discussions with numerous customers and partners from various countries and discussed new projects,” said Stefan Heissler, Member of the board of directors of the Liebherr Group.Likewise, Caterpillar, the world’s largest maker of construction and mining equipment had a large presence at the show with more than 60 products and 12,000 m2 (129,000 sq ft)of exhibit space. Among the iconic yellow mining equipment that was on display was the 6015B hydraulic mining shovel."