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.
The mining industry is of strategic importance to the Russian economy, contributing about 12% to the GDP, providing jobs to 1.1mn people and contributing a third to government revenues. Since Russia hosts one of the world’s largest ...View more details
In 2018, Chile consolidated its positions as the world’s leading copper mine producer, with a 28% share in global output; its second-biggest molybdenum miner, with 22.2%; and its fifth-largest producer of silver, with 5.5%. The country also ...View more details
Indonesia is a significant player in the global mining industry, being a home to abundant coal and metal ore reserves. The country is the world’s largest producer of nickel and the second largest tin miner, and ranks at leading ...View more details
According to data from the China Iron and Steel Association (CISA), in the second quarter of 2019, China produced 261.1mn tonnes of crude steel and 317.8mn tonnes of steel products, up by 9.3% y/y and 11.9% y/y, respectively. Data from the ...View more details
With its huge industry, China is the world’s largest consumer of all kinds of base metals, as well as the largest producer of metal products. The country also ranks as the biggest producer of iron, aluminium, lead and zinc in the world. ...View more details
Being the world’s second largest economy, China relies heavily on coal to ensure the stable operation of its major industries, such as energy and steel. The increasing energy consumption already made China the world’s largest producer and ...View more details
The natural resources and the mining sector are essential for China’s sustainable economic growth. Due to surging power consumption and industrial progress, the country already became the world’s largest consumer of materials such as coal ...View more details
According to the China Iron and Steel Association (CISA), in the first quarter of 2019, China produced 231.1mn tonnes of crude steel and 269.1mn tonnes of steel products, up by 8.9% y/y and 9% y/y, respectively. Data from the National Bureau of ...View more details
With an output of 34.7mn tonnes in 2018, Brazil remained the world’s ninth largest crude steel manufacturer and the sixth biggest net steel exporter. The country is also an important player in the global non-ferrous metals processing segment, ...View more details
Though the country has abundant metal resources, Indonesia’s metal processing sector is underdeveloped. It has low penetration rate as it accounted for less than 1% of the country’s nominal GDP in 2018. However, the government sees it as ...View more details