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Contractors iffy, but tech companies see value growth

Big international private equity groups are reportedly again circling some of the world’s major surface mining contractors, which is a bit mystifying given historic margins and returns on capital in the sector. But leading investment advisors in Australia say the technology space could be the one that gets really interesting in the period leading up to a sustained uptick in new mining investment.

Contractors iffy, but tech companies see value growth Contractors iffy, but tech companies see value growth Contractors iffy, but tech companies see value growth Contractors iffy, but tech companies see value growth Contractors iffy, but tech companies see value growth

Mining equipment, technology and services (METS) equity success stories have been few and far between in the past decade - since some eye-watering moves pre-2009.