Metal ore
mining industry primarily covers mining of metallic minerals and development of
mine sites. It also includes ore dressing, and other beneficiating operations
such as crushing, grinding, washing, drying, sintering, concentrating,
calcining, and leaching.
Read the report at
The global
metal ore mining market is valued at nearly $450 billion in 2017. This is due
to the expectation of greater stability in the commodity prices, and rising
demand for iron ore products from developing countries such as China and India,
for purposes of building, construction and manufacturing.
In this
report, the global metal ore mining market is split into six segments. Gold ore
mining occupied the major segment share with more than two-fifth of the market
followed by the iron segment occupying slightly more than one-third of the
market. The rest of the market share is attributed to remaining segments namely,
all other metal ore mining, silver, uranium and vanadium.
China was
the largest country in the metal ore mining market in 2017, occupying half of
the market share. The country’s size and economic importance, as well as
abundant mineral resources and high government and private expenditure in the
manufacturing industry has resulted in high demand for metal ore products. The USA
and Brazil followed China as the next largest countries in the market.
The global
metal ore mining market is fragmented with a number of large and small mining
organizations. The top five competitors in the market made up 14 % of the total
market share in 2017. Rio Tinto Plc was the largest competitor, followed by
Vale SA and BHP Billiton Ltd. Rio Tinto is an Australian-British multinational
and one of the leading metals and mining corporations. The company is
headquartered in London, United Kingdom and employs around 51,000 people
About The Business Research Company.
The
Business Research Company is a Business Intelligence Company which excels in
company, market and consumer research. It has
offices in the UK, the US and India and a network of trained researchers in 15
countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
No comments:
Post a Comment