Global Copper, Nickel, Lead, And Zinc Mining Market Is Valued At Nearly $144 Billion In 2017 According To TBRC’s Latest Report

12/lug/2018 08:25:29 tbrc Contatta l'autore

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The copper, nickel, lead and zinc mining industries include companies developing mine sites, mining and converting ores into copper, nickel, lead or zinc content. Mining is either done through underground mining or surface mining techniques.

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The market is valued at nearly $ 144 billion in 2017 due to the growing demand for power cables and wires from electrical, electronic and construction businesses.

In the report, the global copper, nickel, lead, and zinc mining market is divided into four segments ie, copper mining, zinc mining, lead mining and nickel mining. Copper mining nearly half of the market being the largest segment among all. The other three segments the other half of the market.

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China was the largest country in the copper, nickel, lead, and zinc mining market in 2017 accounting for more than one-fifth of the market share. This was mainly due to high demand for base metals such as zinc, lead, nickel, copper and aluminum across the construction industry. China was followed by Japan, the second largest country and Brazil.

The global copper, nickel, lead, and zinc mining market is fragmented. The top five competitors in the market made up 36% of the total market in 2017. Glencore plc was the largest competitor, followed by Corporacion Nacional del Cobre de Chile, BHP Billiton Ltd, Grupo Mexico and Freeport-McMoRan Inc. Glencore plc is headquartered in  Baar , Switzerland, and has a registered office in  Saint Helier ,  Jersey , the company has around 155,000 employees.

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