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Other large mining companies in India include Essel Mining, Rungta Mines, Orissa Minerals Development Company, Vedanta Resources, Hindalco, and Steel Authority of India. Small-scale opportunities exist in the used equipment market, despite the lack of a common trading platform. Mining equipment rental is nascent and slowly growing.
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Barite Market worth US$ 1,944.64 Million by 2026
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Barite and fluorite industries and even the whole mining industry are deeply affected by environmental protection policies. New mines are getting stricter than before. The cost of ore raw materials is rising and the market is tight. Mining investment will have a great impact on the later production and operation of enterprises.