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.
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The global metal ore mining market has shown negative growth
in the past years with a CAGR negative 2%, reasons of which are described in the
report. The year 2013 recorded highest ever growth in this market with a net
value of over $500 billion, which decreased till 2015 and then gained a push in
2016, as per TBRC’s inhouse consultants.
TBRC’s latest report show the growth and decline trends in
the market for each year, globally and geographically with sourced reasons to
support the claims.
The report also shows the metal ore mining market to grow
with a high CAGR by 2021, along with geographies best suited for investments
with highest return rate.
Companies included in the report are Rio Tinto Plc, Vale SA,
BHP Billiton Ltd, Fortescue Metals Group Ltd, and Barrick Gold Corp.
Sample report:
High expected growth rate in this industry is attributed 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 and construction and manufacturing.
TBRC’s latest report gives a regional analysis for the
market, along with latest market trends described.
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