Metals & Minerals
Two Days Until IIR's Metals & Minerals Webinar!
Industrial Info is pleased to be presenting a complimentary webinar on the spending outlook for the global Metals & Minerals Industry on Wednesday, February 7, at 10 a.m. CST (11 a.m. EST).
This year, changes in market drivers, including economic, government stimuli, metal prices and geopolitical issues continue to impact the project-spending landscape for many metals and minerals sectors, such as mining, cement, steel and smelting. The energy transition and environmental, social and governance (ESG) goals continue to be a major driver of project activity for the industry, but slow adoption of electric vehicles and a new supply of battery metals coming online also will impact the market significantly in 2024.
Industrial Info is tracking more than US$2.6 trillion in active metals and minerals projects across the world, including more than US$390 billion worth of projects at steel mills, which are starting to adopt "green" production methods; US$126 billion worth at cement plants; and US$1.5 trillion worth of planned spending at mines.
Among the largest such projects Industrial Info is tracking in North America is BHP Group Limited's (Melbourne, Australia) grassroot Jansen potash mine in Saskatchewan. Phase I kicked off in 2022 and will result in a 4.3 million- to 4.5 million-ton-per-year underground room and pillar operation to produce compacted granular potash. Upon completion of Phase I, which is expected in 2026, Phase II will begin, expanding the mine's production to about 8.5 million tons per year. Subscribers to Industrial Info's Global Market Intelligence Metals & Minerals Project Database can learn more by viewing the project reports on Phase I and Phase II.
Thanks primarily to China, Asia ranks highest among world regions regarding planned metals and minerals investments. China is home to more than 50 active projects with total investment values exceeding US$1 billion, including mines, smelters, alumina refineries and more.
We hope that you can join us for this timely and informative presentation! Click here to learn more and to RSVP.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
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