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.
In the second quarter of 2020, China’s economy recovered significantly. NBS data shows that the GDP growth rate turned from -6.8% y/y in Q1 2020 to 3.2% y/y in Q2 2020. According to the Meeting of the Political Bureau of the CPC, held ...
View more detailsAs one of the world’s largest economies, China relies heavily on coal to ensure the stable operation of its main industries, including power generation and steel. Domestic demand is satisfied by vast domestic deposits and imports ...
View more detailsWith 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 is also the biggest producer of iron, aluminium, lead and zinc in the world. ...
View more detailsCrude steel production recorded a q/q decline of 1.2% in Q4 FY2020, with a number of companies decreasing their output, such as Jindal Steel Power by 6% and ESSAR by 3%. On the other hand, Tata Steel Ltd recorded a jump of 23% q/q in its crude steel ...
View more detailsIndonesia has abundant mineral resources and is a major supplier to global markets of bauxite, tin, nickel, copper, zinc, lead, gold and coal. The country holds the world’s largest nickel reserves and was the top nickel producer in 2019. ...
View more detailsThe metallic and non-metallic mineral mining sector generated 1.3% of Poland’s GDP in 2018 and provided employment to 14,960 persons. The main non-coal minerals extracted in Poland are copper, silver, zinc and lead, as well as many industrial ...
View more detailsAlthough Indonesia has abundant metal resources, its metal-processing sector is underdeveloped. The country has mainly exported lower value-added minerals and imported higher value-added metal products. To squeeze more value from its metal ores and ...
View more detailsThe coal mining sector accounted for 1.1% of Poland's GDP and 0.9% of the total employment in the country in 2018. The sector's importance for the Polish economy - tremendous during the communist regime and in the first years after the start of ...
View more detailsTurkey’s complex geologic and tectonic structure ranks it among the top countries in the world in terms of mineral diversity. Excluding petroleum and coal, the country is home to 53 exploitable minerals and metals and 4,500 mineral deposits, ...
View more detailsDespite the stringent measures, including lockdowns and quarantines imposed by the government to curb the spread of the coronavirus, in the first quarter of 2020 China’s pig iron and crude steel production rose by 2.4% y/y and 1.5% y/y to 199 ...
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