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.
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 detailsColombia is Latin America’s fourth-largest economy, after Brazil, Mexico and Argentina, but, unlike its peers in the region, the country has experienced steady growth over the past five years, thanks to stable and conservative economic policies ...
View more detailsPeru is one of the leading global players in the production of metallic minerals. In 2018, the country ranked second in the world in terms of mine output of silver, copper and zinc, with global shares of 15.2%, 11.6% and 11.3%, respectively. Moreover ...
View more detailsThe metallic and non-metallic mineral mining sector was responsible for 1.1% of Poland’s GDP in 2017 and employed 14,680 persons. The main non-coal minerals extracted in Poland are copper, silver, zinc and lead, as well as many industrial ...
View more detailsThe steel sector contributed about 2% of the Indian economy’s total GVA in FY2018, employing 500,000 people directly and 2.5mn people indirectly. Indian crude steel production is the second-largest in the world and the domestic steel market is ...
View more detailsChina is the world’s largest producer of steel, accounting for 51% of the global steel production in 2018, according to the World Steel Association. The data from China Iron and Steel Association (CISA) shows that in 2018, China produced more ...
View more detailsBeing the world’s second-largest economy, China relies heavily on natural resources, which are essential for the country’s sustainable development. The rising energy consumption has already made China the world’s largest producer ...
View more detailsThe coal mining sector accounted for around 1% of both Poland's GDP and the total employment in the country in 2017. The sector's importance for the Polish economy - tremendous during the communist regime and in the first years after the start of ...
View more detailsThe Indian metal processing sector enjoys solid foundations for growth, stemming from the industrialised economy and the abundant metallic mineral resources. Still, the sector accounts for less than 2% of the economy in terms of GVA at current prices ...
View more detailsTurkey ranks 10th in the world in terms of mineral diversity, holding 0.4% of the global metallic mineral reserves, 2.2% of the industrial raw material reserves and 1% of the coal reserves, according to data provided by the Turkish energy ministry ...
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