Australian Mining Services Industry Market Research Report Now Available from IBISWorld

Melbourne, Australia (PRWEB) November 21, 2011

This Australian Mining industry is expected to continue to perform strongly over the next five years, according to a new report IBISWorld, the nations largest publisher of industry research. Firming global growth will underpin rising demand for a range of minerals, providing the basis for growth in mining services. Particularly strong growth in iron ore production is anticipated, reflecting ongoing demand from the Chinese market and fuelling demand for contract mining in Western Australia. On the eastern seaboard of Australia, contract-mining activity will be fuelled by an expansion in coal output capacity in both Queensland and New South Wales, as well as by growth in coal seam methane production. In contrast, some other areas of metallic mineral mining and non-metallic mineral mining are expected to expand more slowly.

The Australian Mining Services industry's main activity is contract mining, which makes its performance highly dependent on trends in mining activity. Rising demand and high prices for minerals led to a mining boom over the past five years, thus increasing demand for mining services. Industry revenue is expected to grow an average rate of 6.8% per year over the five years through 2011-12. Revenue is expected to total about $ 9.79 billion in 2011-12, up 12% from the previous year. Flooding in the major coal-mining areas of Queensland in early 2011 reduced mining activity in the second half of 2010-11, but industry revenue still expanded 8.3%.

The conditions faced by firms in the Mining Services industry are expected to improve over the next five years, as world growth firms and demand for minerals revives. However, competition for work will be intense. Industry revenue is anticipated to average annual growth of 9% over the next five years to total $ 15.1 billion in 2016-17.

According to IBISWorld analyst, Kate Convey, firms in the Mining Services industry will face cost rises due the implementation of carbon pricing from 1 July 2012, when the Federal Government introduces a tax on greenhouse gas emissions, but will pass on this cost to their customers. The starting rate of the tax will be $ 23 per tonne of carbon dioxide equivalent (CO2-e) emitted. The price of carbon permits will increase by 2.5% over the following two years, before a market-based emissions trading scheme commences on 1 July 2015. Under the carbon pricing arrangements, the industry will pay an effective carbon price on transport fuels used in mining operations. The government plans to impose the carbon tax on this type of fuel use by reducing the fuel tax credit currently available.

For more information, download the full report from IBISWorld on the Mining Services Industry in Australia

IBISWorld Mining Services Industry in Australia Market Research Reports Contain:

About this Industry

Industry Definition

Main Activities

Similar Industries

Additional Resources

Industry at a Glance

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

Globalisation & Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data

Annual Change

Key Ratios

Jargon & Glossary

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About IBISWorld

Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.au or call +61 3 9655 3886.

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Fat Disorders Research Society Chicago, Illinois Midwest Conference Features Mystery Diagnosis Consulting Physician Dr. Karen L. Herbst, Ph.D., M.D.

Chicago, IL (PRWEB) March 29, 2010

The Fat Disorders Research Society, Inc. will hold its 2nd Annual Midwest Conference on Saturday, April 24, 2010. The Conference will be held at the Sheraton Suites Chicago located at 121 Northwest Point Boulevard, Elk Grove Village, IL 60007. FDRS is a newly formed 501 (c) (3) non-profit organization dedicated to spreading awareness of rare fat disorders, such as Dercums Disease, Lipedema, and Madelung's Disease.

Fat disorders are commonly misdiagnosed often unrecognized conditions that include Dercums Disease, Lipedema, http://fatdisorders.org/what-are-fat-disorders/madelung's-disease/ Madelungs Disease, and Familial Multiple Lipomatosis. These facts will be emphasized in an upcoming production of a Discovery Health episode of Mystery Diagnosis.

The Fat Disorders Research Societys Chief Scientific/Medical Advisor, Karen L. Herbst, Ph.D., M.D., University of California, San Diego (http://www.lipomadoc.org ) will be consulted for background information by the Discovery Health program producers as they reveal these rare and mysterious disorders. Dr. Herbst is the featured speaker at the upcoming FDRS Midwest Conference. She is a globally recognized researcher on Dercums Disease and other fat disorders.

Fat Disorders are mysteries that confound not only patients but most treating physicians as well. Many patients like Kristi Lowery, a Canadian, Texas woman, go without a proper diagnosis from multiple physicians for years.

Kristis first symptom, a lump (or lipoma) was first noticed in 1991 when she was pregnant with her second child. In 2001, this lipoma had ballooned to the size of a grapefruit and had become extremely painful, finally it was surgically removed. By 2003, her symptoms and fatty tumors had both multiplied, leaving Kristi Lowery in constant pain. This woman did not receive a validating diagnosis of Dercums Disease until many years and many doctors later in 2007.

People afflicted with these diseases are commonly burdened with pain and discomfort, but in Kristis case her Dercum's Disease] became much more serious when the sheer weight of accumulated fluid around her heart and lungs almost ended her life. Now that Kristi has been properly diagnosed and is under the health care management of Dr. Herbst, she has a fresh outlook and a new chance to be part of finding a cure and effective management for these mystery fat disorders.

Education and awareness for both doctors and people who may be afflicted with these diseases is the primary goal of the FDRS. Efforts to get the word out about these rare but devastating diseases can make a difference in the many lives of people who are afflicted with them and may not even be aware that the diseases exist.

Primary care doctors in general need to be more aware of these disorders in order to effectively diagnose and treat their patients that may already be presenting with fat disorders symptoms. For example, often overweight patients are urged to exercise. Fat disorders patients that begin a normal rigorous exercise routine could face serious inflammation and excruciating pain. Awareness is key here. Doctors on the front line must be educated and learn to recognize the signs and symptoms of fat disorders so the patients health is not further jeopardized.

Fund raising additionally is an equally important function of the Fat Disorders Research Society, Inc. Without fund raising, FDRSs plans to fund research grants for further exploration into the causes and possible cures for these diseases will be delayed. Finding a cure is a long way off but determining the best way to diagnose and then manage these orphan diseases is a reasonable objective and FDRS is forging ahead to find funding to make this happen.

The 2nd annual FDRS Midwest Conference is a great way for medical professionals and patients to come together and meet to share information and learn about the future of Fat Disorders research. Several other guest speakers will cover a range of topics that include nutraceuticals, patient stories, medical advances, caregiver tips, and treatment. Everyone is invited to attend!

The Conference runs from 9:30am until 5:00pm. The cost to attend is $ 15 per person or $ 25 a couple. This cost includes breaks, a buffet luncheon, as well as informational materials. There will be a Silent Auction and interesting raffle items too. The Conference may be pre-paid at this link: http://fatdisorders.org/837/2nd-annual-fat-disorders-research-society-midwest-conference/.

There is a block of room reserved at the Sheraton Suites Chicago, Elk Grove Village, for both Friday 4/23/10 and Saturday, 4/24/10. The event room rate will be $ 69 (for a suite) as compared to the normal rate of $ 189! Attendees are responsible for reserving their own rooms. Please use this special link to reserve your room: Starwood Reservations or call 1-800-325-3535. You must identify yourself with the Fat Disorders Research Society to qualify for the special reduced room rate. Room requests should be made by Friday, April 2, 2010 to receive the group rate. To preview the hotel and its amenities, please use this link: Sheraton Elk Grove Village.

Conference attendees arriving on Friday night are also invited to the hotel lobby lounge for an informal Meet and Greet from 5pm until 7:30pm.

For more information about the Conference or the FDRS, please contact Susan Grimshaw, FDRS President, at 920-763-3159,

Susan Grimshaw

President

Fat Disorders Research Society, Inc.http://fatdisorders.org

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