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.
India’s mining and quarrying sector accounted for roughly 2.14% of India's nominal GVA in FY2020, a decline from 2.27% reported in FY2019. This sector accounted for 9.5% of total exports and 36.1% of total imports as of FY2019 ...
View more detailsAfter recording a q/q major decline of 37.23% in Q2 FY2021, the crude steel production recorded a q/q increase of 55.76% in Q2 FY2021. Among the top players, Tata Steel ltd contributed the maximum (17.8%) in the q/q increase in crude steel ...
View more detailsNatural resources and the mining sector are essential for China’s sustainable economic growth. Due to surging power consumption and industrial progress, the country has already become the world’s largest consumer of materials ...
View more detailsFor the first nine months of 2020, the cumulative value added of China’s iron and steel sector increased by 5.3% y/y. In the third quarter alone, the production of pig iron, crude steel and steel products rose by 12% y/y, 10.5% y/y ...
View more detailsRussia’s commoditised economic model predefines the pivotal role the mining sector plays in the country’s development. The sector generates 12.6% of Russia’s nominal GDP and earns 62% of total exports, which makes ...
View more detailsCrude steel production recorded a major q/q decline of 37.2% in Q1 FY2021 as compared to a decline of 1.2% in the previous quarter. The production of steelmaker Rashtriya Ispat Nigam Ltd declined the most, by 53.5% q/q ...
View more detailsIn 2019, Chile consolidated its position as the world’s leading copper mine producer, with a 28% share in global output; the second biggest molybdenum miner, with 19.8%; and the seventh largest producer of silver, with 5.1%. The ...
View more detailsColombia is one of the leading economies in Latin America in terms of GDP and is also one of the more stable countries in the region in terms of its economic policies and regulatory environment. The mining sector represents 1.6% of the ...
View more detailsMining in Africa has a long history stretching back over a century, and minerals play a vital role in economies across the continent. Mining and quarrying* (including oil and gas) constitutes over 10% of GDP in over 15 African economies, ...
View more detailsBrazil is among the leading players in the global metal processing industry. The country was not only the ninth largest crude steel producer in the world and the sixth leading net steel exporter in 2019 but also one of the top 20 primary ...
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