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Oil Sands, Fresh Policies Drive Canada's Metals & Minerals Industry to $313 Billion in Project Spending

Oil Sands, Fresh Policies Drive Canada

SUGAR LAND--July 30, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Thanks to abundant natural resources and an increasingly favorable political atmosphere, Canada's Metals & Minerals Industry is spurring heavy project investments, with the booming Alberta Oil Sands driving almost one-third of the nation's estimated spending. Industrial Info is tracking 473 active and unconfirmed projects in Canada that have a total investment value (TIV) of more than $313 billion. Construction on 128 projects worth $53 billion is expected to kick off within the next 12 months.

Within this article: Details on Canada's booming mining industry, including major projects from Imperial Oil Limited, Exxon Mobil (NYSE:XOM), Tata Steel, New Millennium Iron, and Vale S.A. (NYSE:VALE), with investment values, schedules, contractors and locations.

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