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Report Says Market for Mining Explosives Expected to Hit $33B by 2031

A new TMR study has found that advanced explosives delivery technologies and the increase in the adoption of digital tools are enhancing the outlook of the mining explosives market. The study notes that it is expected that flourishing coal and metal mining activities in countries around the globe will create significant streams of revenue for the market. Projections also show that the size of the global mining explosives market will reach at least $32.6 billion by the end of 2031.

Below are some of the key findings of the study on…

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