They are actually called concrete mixers. 
The portland cement is just the glue.
I would be willing to guess that abrasive media wouldn't wear it out any quicker than concrete. Plastic concrete is very abrasive. You should look down into the mixer drum on a truck or the hopper of a pump truck. The two rear fins on a mixer usually wear down in a couple years, and need replaced. The hopper of a pump truck is nearly 100% new metal welded on if the truck is over a year old.

The portland cement is just the glue.
I would be willing to guess that abrasive media wouldn't wear it out any quicker than concrete. Plastic concrete is very abrasive. You should look down into the mixer drum on a truck or the hopper of a pump truck. The two rear fins on a mixer usually wear down in a couple years, and need replaced. The hopper of a pump truck is nearly 100% new metal welded on if the truck is over a year old.