Canada's Metals & Minerals Industry Set for $34.5 Billion in 2016 Kickoffs

SUGAR LAND--January 15, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Canada's Metals and Minerals Industry, once a backbone of the country's economy, could be looking at a frustrating 2016. Although $34.47 billion in projects are currently slated to begin construction during the year, according to Industrial Info's database, almost all are in the early development stages and are prone to delays or cancellations. More than two-thirds of the total comes from three provinces: Quebec, British Columbia and Saskatchewan.

Within this article: Details on planned construction starts for 2016, including projects from major companies such as Glencore plc, Tata Steel, Vale S.A., Taseko Mines, Royal Nickel Corporation and Alderon Iron Ore Corporation.