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Metals and mining
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.
Russia’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 ...
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The mining and quarrying sector, including oil and natural gas extraction, generated a gross output of CZK 67.3bn in 2017, decreasing by 0.7% y/y in real terms and recording the smallest drop in the period 2013-2017. The gross output of mining and ...
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The mining industry is of strategic importance to the Russian economy, contributing about 12% to the GDP, providing jobs to 1.1mn people and contributing a third to government revenues. Since Russia hosts one of the world’s largest ...
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The metallic and non-metallic mineral mining sector was responsible for 1.1% of Poland’s GDP in 2017 and employed 14,680 persons. The main non-coal minerals extracted in Poland are copper, silver, zinc and lead, as well as many industrial ...
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The coal mining sector accounted for around 1% of both Poland's GDP and the total employment in the country in 2017. The sector's importance for the Polish economy - tremendous during the communist regime and in the first years after the start of ...
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Turkey ranks 10th in the world in terms of mineral diversity, holding 0.4% of the global metallic mineral reserves, 2.2% of the industrial raw material reserves and 1% of the coal reserves, according to data provided by the Turkish energy ministry ...
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Russia’s mining and quarrying sector is a key industry in the country’s economy with the value of production equal to 15% of the nominal GDP in 2017. In Russian statistics, the sector includes extraction of oil and gas, the ...
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The Polish metal processing sector is the 8th biggest in Europe and the 18th biggest in the world. It constitutes 0.5% of the country’s GDP and its exports account for 9.4% of the country’s total exports. The sector is dominated by the ...
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The Russian metal processing sector is a major supplier for the global market. The country is the second-largest producer of aluminium, supplying 6% of global production in 2017, and the fifth-biggest crude steel producer, accounting for 4 ...
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The gross output of the mining and quarrying sector, including oil and natural gas extraction, accounted for 0.6% of the total gross output of the Czech economy in 2016, decreasing from 0.9% in 2012. The gross value added (GVA) of the ...
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