This global report is the result of an extensive survey drawn from our exclusive panel of leading the mining company and metal manufacturers/processor companies and suppliers. In an uncertain economic climate and with a challenging period ahead this report provides you access to the opinions and strategies of leading purchase decision makers and competitors

1 Table Of Contents 2

1.1 List Of Tables 5

1.2 List Of Figures 8

2 Introduction 11

2.1 What is This Report About? 11

2.2 Methodology 11

2.3 Profile Of Survey Respondents 12

3 Executive Summary 16

      3.1.1 The Mining Industry Is Very Optimistic About Revenue Growth in 2010 16

      3.1.2 The Mining Industry Is Optimistic About Market Growth In India, China And Brazil 16

      3.1.3 Mining Companies Will Be Increasing Procurement Spend Over The Next 12 Months And Have Strict Cost Savings Targets 16

      3.1.4 Industry Players Face Key Challenges In Cost Containment, Pricing Pressures and Investment Uncertainty 17

      3.1.5 Suppliers Must Update Their Knowledge Of Buyer Needs In The Areas Of Quality And Service Levels 17

      3.1.6 Buyers Are Adopting Various Risk Mitigation Methods To Maintain Business Continuity 17

4 Industry Dynamics 18

Key findings: 18

4.1 Revenue Growth Expectations In The Mining Industry 18

4.2 Future Developments in Competitive Structure In The Industry 24

4.3 Merger & Acquisition Activity Predictions 28

5 Mining Market Growth Outlook 32

Key findings: 32

5.1 Regional Growth Forecasts In The Mining Industry By Country 32

5.2 Market Growth Forecasts By Industry Sector 40

6 Threats & Opportunities For The Mining Industry 48

Key findings: 48

6.1 Leading Business Concerns For The Period 2010-2011 49

6.2 Key Actions To Overcome Business Threats: Cost Management 54

6.3 Key Actions To Overcome Business Threats: Driving Sales 56

6.4 Key Supplier Actions To Maintain & Win Buyer Business 59

7 Mining Industry Buyer Spend Activity 69

Key findings: 69

7.1 Annual Procurement Budgets 69

7.2 Procurement Cost Saving Targets In The Mining Industry 77

7.3 Planned Change In Procurement Spend 83

7.4 Planned Change In Procurement Spend By Product & Service Category 89

8 Procurement Behaviors & Strategies 98

Key findings: 98

8.1 Critical Success Factors For Supplier Selection 98

8.2 Expected Future Changes In Procurement Objectives 105

8.3 Areas Of Future Value Creation In Procurement Strategy 109

8.4 Mitigating Supplier Failure and Maintaining Business Continuity 116

8.5 Planning Against Business Supply Contingencies 120

9 Appendix 123

9.1 Survey Results-Closed Questions 123

9.2 Methodology 130

9.3 Contact Us 130

9.4 About ICD Research 130

9.5 Disclaimer 130

冶金工业信息标准研究院