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The South American Mining Industry Will Reach an Estimated Compound Yearly Growth

Categories: Industry NewsStars: 3Stars Visit: - Release time: 2014-11-20 15:34:00
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The South American mining industry will reach an estimated compound yearly growth rate of about 6.2% from 2012 to 2017, which will take the industry to a total value of $184.3-billion.

Some of the world’s largest copper, bauxite, iron and nickel deposits are situated in South America, with the continent recording a total revenue of $136.5-billion in 2012, says global management consulting firm AT Kearney partner Dario Gaspar.

In that same year, iron and steel accounted for 44% of the continent’s market revenues, followed by base metals – including copper, lead, zinc, nickel and tin – which captured about 37% of the market. Industrial minerals, such as coal and aluminium, accounted for the other 19%.

“In terms of the breakdownA disruptive discharge through insulation. If plain dielectricThe insulating material between the plates of the capacitor. The material is chosen for its ability to permit electrostatic attraction and repulsion to take place across it. The material will have the property that energy required to establish an electric field is recoverable in whole or in part, as electric energy. In other words, a good dielectric material is a poor conductor of electricity while being an effective supporter of electrostatic fields. films are used, this is usually catastrophic. If metallized films are used, self-healing should maintain the capacitor's integrity. by country contribution, Brazil represents almost 40% of the total region revenue. Chile contributes 36% and Argentina contributes about 10%. All the other countries collectively contribute 14%,” he adds.

Further, according to the 2013 US Geological Survey Mineral Commodity Summaries, Brazil was the world’s leading producer of niobium, the second-biggest producer of tantalum and the third-biggest producer of bauxite and high- content iron-ore.

Chile remained the world’s leading copper, iodine, rhenium and lithium producer, as well as the second-biggest producer of arsenic, refined copper and mined boron.

According to the US Geological Survey, Argentina, Bolivia and Peru were also among the world’s leading producers of base and precious metals and industrial minerals.

Argentina was the world’s second-biggest boron producer, while Bolivia was the eighth- biggest tin producer. Peru was the world’s second-biggest producer of copper and silver, but it was also the leading gold, lead, tin and zinc producer in the world, notes AT Kearney partner Francois dos Santos.