Recently published research from Business Monitor International, "Russia Mining Report Q4 2013", is now available at Fast Market Research
Boston, MA -- (SBWIRE) -- 11/18/2013 -- We forecast Russia's mining industry value to reach US$173bn by 2017, growing at an annual average rate of 3.0% from 2012 levels. The country's mining industry will experience years of slowing growth as palladium and platinum production undergo modest increases over the coming years. Nevertheless, the coal sector holds much promise over the long term as the government plans to invest RUB3.7tn (US$120bn) in the sector between 2012 and 2030.
We believe the mining industry in Russia is set to experience modest growth over the coming years. In line with the increasingly dour outlook in the global mining industry, there have been few projects and expansion plans announced in the country over recent years. The escalation of cash costs and falling commodities prices will continue to deter domestic miners from expanding output. That said, we note that the coal sector holds much promise over the long term as the Russian government plans to invest RUB3.7trn (US$120bn) in the sector between 2012 and 2030. Overall, we forecast Russia's mining industry value to reach US$173bn by 2017, growing at an annual average rate of 3.0% from 2012 levels.
View Full Report Details and Table of Contents
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Materials research reports at Fast Market Research
You may also be interested in these related reports:
- Global Mining Survey 2013-2014 - Market Trends, Marketing Spend and Sales Strategies in the Global Mining Industry
- Global Mining Survey 2013-2014 - Market Trends, Buyer Spend and Procurement Strategies in the Global Mining Industry
- Chile Mining Report Q4 2013
- China Mining Report Q4 2013
- Mongolia Mining Report Q4 2013
- Australia Mining Report Q4 2013
- Congo, Dem. Rep. Mining Report Q4 2013
- Mozambique Mining Report Q4 2013
- South Africa Mining Report Q4 2013
- Angola Mining Report Q4 2013