SOURCE: Industrial Info Resources

Industrial Info Resources

December 03, 2012 06:30 ET

Canada's Metals & Minerals Industry Boosts North America to $438 Billion in Active Projects, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Dec 3, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Led by robust mining activity in Canada, North America, which includes Canada, Mexico and the U.S., is the second-largest world region for Metals & Minerals Industry project spending going into 2013, with about $438 billion in active projects, representing about 20% of the Metals & Minerals activity worldwide. Canada accounts for about two-thirds of the Metals & Minerals activity in North America, led by mining projects for coal, gold, nickel, oil sands and potash. Canada is the No. 1 country globally in the value of mining projects. Industrial Info is tracking more than 500 Metals & Minerals Industry projects totaling $312 billion in Canada. Alberta is the largest Canadian province for Metals & Minerals projects, accounting for about a third of the total, with 57 projects totaling $117 billion.

Featured companies: Imperial Oil Limited (TSX:IMO), Teck Resources Limited's (NYSE:TCK), Agrium Incorporated, BHP Billiton Limited (NYSE:BHP), The Mosaic Company (NYSE:MOS), Potash Corporation of Saskatchewan (TSX:POT), Suncor Energy Incorporated (NYSE:SU).

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