Explanation of how the Index is Developed The PBCo Mining Equipment Index is a measure of the quarterly evolution of surface mining equipment shipments worldwide. It relies on data from Parker Bay's Mobile Mining Equipment Database and encompasses the same product range covered by the Database*.
Mae Moh Lignite mining is suitable for Open Pit Mining that is conducted using tools and equipment comprising of excavators, dump trucks and belt conveyor system for soil stripping and dumping into soil dump pit, and Lignite transporting to the designated place for Lignite stocking for supplying to Mae Moh power plant for electricity generating.
Surface mining is defined as the extraction of ore from an open pit or burrow. Surface mining is sometimes known as open-pit, open-cut or open-cast mining and is only commercially viable if the deposit is located relative close to the surface. Less than 20% of Alberta's bitumen reserves