The mining industry in the Americas began long before the United States existed, as some copper mines in the Great Lakes area date back more than 5,000 years. In the mid 1600’s, European settlers began mining coal, lead and iron ore throughout Appalachia. But what truly launched large-scale mining in the United States was the California Gold Rush, between 1848-1855. During this period, drilling technology advanced rapidly and mining became a major U.S. industry. Today, the global market for mining and metals has reached $1.19 trillion USD, and market analysts are predicting a sustained 5% compound annual growth rate (CAGR) over the next decade.
Growth in the mining industry is driven by the requirements of a modern economy. AI data centers, satellites, electric vehicles, mobile phones, solar panels, military applications and thousands of medical and industrial products require silver, copper, lithium, lead, zinc and numerous rare earth minerals in ever-increasing quantities. Extracting these materials out of the ground requires pumps that are designed for the task.











