Mining & Metals are the backbone of the global economy. Standing at the beginning of most value chains, the Mining & Metals industry is a critical supplier of essential inputs and a global generator of trade and employment. It also has important environmental, fiscal and social effects, and acts as a catalyst for the economic progress of numerous mining-dependent countries in the world.
The Mining & Metals industry comprises the extraction of useful minerals from the ground, including oil and gas, coal, metal ores and non-metallic minerals, and related support activities. It also includes activities lower down the supply chain, such as metal processing, manufacturing of metals and a variety of fabricated metal products, such as cutlery, metal structures, boilers, tanks and ammunition.
As the world’s second-largest economy, China relies heavily on natural resources, which are essential for the country’s sustainable development. Rising energy consumption has already made China the world’s largest producer and ...READ MORE
Metal processing is the second most important sector for the Russian economy, after the oil and gas industry. It is a key supplier for the automotive, oil and gas, construction and machine-building sectors. It also generates more than 6% of the ...READ MORE
The metal processing sector is a key supplier for the automotive sector and the construction sector, which have been among the fastest-growing sectors in Hungary in the last five years. The total output of the metal processing sector stood at HUF 1 ...READ MORE
In 2016, Chile was the world’s largest copper mine producer with a 26.9% share in global output, the second-biggest molybdenum mine producer with a 19.7% share, and the fourth-largest producer of silver with a share of 5.6%. The country ranked ...READ MORE
Alongside mining, non-ferrous metal processing is vital to the Indian economy, as it provides inputs to industries across the country’s manufacturing spectrum. Despite the high reported levels of self-sufficiency in many metallic minerals, ...READ MORE
In 2016, Mexico was the largest producer of direct reduced iron and long steel in Latin America with shares of 78.1% and 34.5% in regional output, respectively. The country was also the second biggest manufacturer of flat steel in Latin America. ...READ MORE
The Indian mining sector’s GVA accounted for some 3.8% of GDP in FY2016, as against 4.5% in the previous year. A number of mining commodities, such as crude oil, coal and iron ore, are not only domestically produced but also imported, which ...READ MORE
The mining and quarrying sector’s gross output, which includes the extraction of oil and natural gas, accounted for 0.6% of the total gross output of the Czech economy in 2015, significantly down from its share of 1% in 2011. At the same time, ...READ MORE
China’s output of crude steel and steel products climbed by 3.1% y/y to 505.3mn tonnes in Q3 2016, encouraged by rising steel product prices. Prices on the domestic market have been climbing since March 2016, exceeding the average 2015 level in ...READ MORE
The mining sector plays a key role in Brazilian economy, accounting for 12% of national exports and for more than 5% of the net FDI equity capital inflow in 2015. Despite the deep recession in the country during the year, marked by a 3.8% y/y drop in ...READ MORE