Research and Markets: China Mining Report - Q3 2012
Research and Markets (http://www.researchandmarkets.com/research/t2ntmt/china_mining_repor) has announced the addition of the "China Mining Report Q3 2012" report to their offering.
China Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on China's mining industry.
As 2012 ushers in the second year of China's 12th Five-Year Plan (2011-2015), we expect the changes and reforms enacted in 2011 to continue. Smaller and more inefficient mines will be closed, mid-sized miners will be merged, and the restructuring of the country's mining industry to fit the Five-Year Plan's environmental standards will continue.
Despite the efficiency gains, overall output growth in the mining sector is seen to be lower than previous years in line with the country's plan to halve metal consumption growth rates by 2015. China's Ministry of Industry and Information Technology plans to decrease annual average growth rates in metal consumption to 7.4% during the periods 2011-2015, as opposed to the 15.5% growth rate experienced between 2006 and 2010. We expect China's mining industry value to reach US$506bn by 2016, an annual average growth rate of 7.4% from 2011 to 2016. Production growth in the sector will be led by iron ore, coal, and copper mining.
Key domestic players include Zijin Mining, Zhaojin Mining, Shandong Gold, Jiangxi Copper,Datong Coal and Jinchuan Nonferrous Metals, as well as the state-owned entities Aluminium Corporation of China (Chinalco) and China Shenhua Energy. Foreign companies with operations in China include Canadian junior gold explorers Eldorado Gold and Continental Minerals; Australian mining giants Rio Tinto and BHP Billiton; and Brazilian diversified miner Vale.
Key Topics Covered:
Global Mining Outlook
Asia Mining Sector Outlook
Industry Trend Analysis
Asia Business Environment Ratings
Business Environment Ratings Methodology
- Shandong Gold
- Jiangxi Copper
- Shenhua Energy
For more information visit http://www.researchandmarkets.com/research/t2ntmt/china_mining_repor