Global mining outlook is worrying.

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SINO MUD GROUP: Your One-stop Drilling Fluids Source

The new corona virus had a major impact on the mining market. S & P Global Market Intelligence research the outlook for mining will be bleak for the rest of the year.
S & P analyst Christopher Galbraith predicted at a recent online video conference that the global nonferrous metal exploration budget will be less than 17 billion U.S. dollars, down 29% than last year,the lowest level during these 15 years.

The reduction of the global exploration budget expenditure in 2020 is bound to force various drilling companies to find ways to reduce drilling costs

SINO MUD is willing to support our clients to cut the drilling cost down.

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