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Nonmetallic Mineral Mining & Quarrying in the US Product Image

Nonmetallic Mineral Mining & Quarrying in the US

  • Published: May 2014
  • Region: United States
  • 10 pages
  • First Research

Brief Excerpt from Industry Overview Chapter:

Companies in this industry develop mine sites; mine and quarry nonmetallic minerals; and prepare plants for beneficiation, the process to separate the minerals from waste. Major nonmetallic mining companies include the US-based Vulcan Materials and Martin Marietta Materials; Rio Tinto (dually headquartered in Australia and the United Kingdom); DeBeers (South Africa); HeidelbergCement (Germany); and CRH (Ireland).

The world's most mined nonmetallic minerals are lime (340 million metric tons produced annually); salt (280 million metric tons); and phosphate rock (210 million metric tons). China and India have the largest nonmetallic mineral reserves in the world. Because of their strong construction markets and rising food needs, China, India, and Brazil are poised for the most growth in the industry.

The US nonmetallic mineral mining and quarrying industry includes about 3,300 companies with annual revenues of about $23 billion. Key growth drivers include rising construction spending for both residential and nonresidential buildings.

COMPETITIVE LANDSCAPE

Demand is driven by construction spending and agricultural READ MORE >

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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