Cat leaps

IN ANOTHER sign the mining market is recovering, original equipment maker Caterpillar has reported a 35% jump in revenues year-on-year in the fourth quarter of 2017.

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Caterpillar expects to continue trucking right through 2018.

Indeed, after about four years of a tough sales environment in both new equipment and aftermarket parts, there are signs order wait times are starting to increase again due to the turn in the market.