Sep 13 2017
The "China Mining Sector Report 2017/2018" report has been added to Research and Markets' offering.
This report provides a complete and detailed analysis of the mining sector for China. In-depth business intelligence is presented in a standard format across countries and regions, providing a balanced mix between analysis and data.
As the world's second-largest economy, China relies heavily on natural resources, which are essential for the country's sustainable development. Rising energy consumption has already made China the world's largest producer and consumer of coal. It is mainly used for power generation and, despite strenuous efforts to cut coal's share in the total energy mix to 55% by 2020 (down from 62% in 2016), the country is expected to maintain its leading position as a producer and a consumer. Increased domestic demand for iron ore has been another driver of the mining industry.
The country depends on steel supplies for its ongoing construction and urbanisation projects. In 2016, China was responsible for roughly half of the global steel production. The country is also a monopolist on the market for rare earths, accounting for 90% of global rare-earth production.
Companies Mentioned
- China Shenhua Energy Co Ltd
- Jiangxi Copper Co Ltd
- China Coal Energy Co Ltd
- Zijin Mining Group Co Ltd
- Aluminium Corportation of China Ltd
Source: https://www.researchandmarkets.com/