SOURCE: Industrial Info Resources

Industrial Info Resources

August 23, 2011 06:30 ET

Global Metals & Minerals Industry Coverage Grows to $1.6 Trillion in 2011, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Aug 23, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Coverage of capital and maintenance projects in the Metals & Minerals Industry has grown significantly in 2011, increasing from 3,218 projects early in the year to more than 4,500 projects as of August, and growing. The total investment value of Metals & Minerals projects being tracked has increased from $1.1 trillion to $1.6 trillion, representing a 34% increase in coverage by value.

Mining projects represent about 60% of the global Metals & Minerals project activity, as companies compete to meet heavy global demand for mined resources such as bauxite, coal, iron ore, nickel, precious metals and rare earths. Countries rich in resources, like Australia, Brazil, Canada, Chile, Peru and South Africa, are experiencing unprecedented mining project activity. China and India, while seeing significant mining activity, are seeing greater activity in other sectors such as cement and steel.

Geographically, the top five regions for Metals & Minerals project activity are the U.S. & Canada with $336 billion, Latin America with $312 billion, Oceania (Australia) with $305 billion, East Asia (China) with $204 billion, and South Asia (India) with $160 billion.

Industrial Info provides comprehensive industry intelligence on the Metals & Minerals Industry worldwide, with emphasis on plant/mine locations, key management contacts, and major capital and maintenance spending opportunities in an easy-to-access online database solution. Contact Industrial Info Online or call 1-800-762-3361 for details.

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