The Top 10 States for Metals & Minerals Industry Project Spending in 2006

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Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas) is currently tracking 457 Metals & Minerals Industry projects totaling more than $10.3 billion in total investment value (TIV) and scheduled to begin construction in 2006. About 70% of the TIV will be spent in ten states: Alaska, Pennsylvania, Ohio, Florida, Nevada, West Virginia, Indiana, Kentucky, Illinois, and Arizona. These Top 10 states have a total investment value (TIV) that exceeds $7 billion spread out across 157 projects. Large new mining projects, including gold and coal mines, as well as new and expanding cement manufacturing plants, gypsum wallboard plants, and steel mills, make up the majority of the projects.

Click on the image at right to view the 2006 Top 10 states for Metals & Minerals Industry spending in 2006 list.

Alaska leads all states with approximately $1.8 billion planned across eight separate projects. This includes the two largest projects on the list, the Pebble and Donlin Creek gold mining projects. Northern Dynasty’s Pebble gold-copper-molybdenum mine is a $1 billion project and NovaGold’s Donline Creek gold mine is a $700 million project.

Pennsylvania will be the most active state in 2006 for new Metals & Minerals Industry project starts with 43 projects totaling more than $1.5 billion. The larger projects in Pennsylvania include new coal mines, metallurgical coke plants, cement plant expansions, and steel mill work.

Ohio is third on the Top 10 states list with 23 projects totaling $916 million in TIV.

For details on Industrialinfo.com’s comprehensive database of the projects mentioned in this article contact Industrialinfo.com’s Member Center at 1-800-762-3361.

Industrial Information Resources (IIR) is a Marketing Information Service company that has been doing business for over 22 years. IIR is respected as a leader in providing comprehensive market intelligence pertaining to the industrial processing, heavy manufacturing, and energy-related industries throughout the world.