SOURCE: Industrial Info Resources

Industrial Info Resources

December 20, 2012 06:15 ET

North American Metals & Minerals Industry Plans $104 Billion in Construction Starts for 2013, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Dec 20, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Mining companies continue to slash capital spending for 2013, especially in the U.S. coal sector, which has lost significant market share among power generators. Low natural gas prices and a warmer-than-normal winter season have combined to reduce U.S. coal consumption in 2012. As a result, many mining companies have announced significant production and capital expenditure scale-backs for 2013.

Other companies featured: Peabody Energy Corporation (NYSE:BTU), BHP Billiton (NYSE:BHP), Rio Tinto plc (NYSE:RIO)

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "Contact Us" page.

Contact Information

  • Contact:
    Joe Govreau