The
copper, nickel, lead and zinc mining industries include companies developing
mine sites, mining and converting ores into copper, nickel, lead or zinc
content. Mining is either done through underground mining or surface mining
techniques.
The market
is valued at nearly $144 billion in 2017 due to the growing demand for power
cables and wires from electrical, electronic and construction businesses.
In the
report, the global copper, nickel, lead, and zinc mining market is divided into
four segments i.e, copper mining, zinc mining, lead mining and nickel mining. Copper
mining occupies nearly half of the market being the largest segment among all.
The other three segments occupies the other half of the market.
China was
the largest country in the copper, nickel, lead, and zinc mining market in 2017
accounting for more than one-fifth of the market share. This was mainly due to
high demand for base metals such as zinc, lead, nickel, copper and aluminum
across the construction industry. China was followed by Japan, the second
largest country and Brazil.
The global
copper, nickel, lead, and zinc mining market is fragmented with a number of
large and small mining organizations. The top five competitors in the market
made up 36% of the total market in 2017. Glencore plc was the largest
competitor, followed by Corporacion Nacional del Cobre de Chile, BHP Billiton
Ltd, Grupo Mexico and Freeport-McMoRan Inc. Glencore plc is headquartered in Baar, Switzerland, and has a
registered office in Saint Helier, Jersey, the
company has around 155,000 employees.
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