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Russia Base Metals Mining Market 2014 Key Trends, Growth, Forecast, Analysis to 2020

Russia Base Metals Mining Industry 2014 Market Trends and Size to 2020 by Market Research Store

 

Deerfield Beach, FL -- (SBWIRE) -- 12/07/2015 -- Timetric's 'Base Metals Mining in Russia to 2020' report comprehensively covers Russian reserves of copper, nickel and zinc, the historical and forecast data on Russian copper, nickel and zinc production and production by state, copper, nickel and zinc metal consumption and trade. The report also includes demand drivers affecting base metals mining in Russia, profiles of major base metals (copper, nickel and zinc) producing companies and information on the active, exploration and development copper, nickel and zinc projects.

The Russian base metal mining industry is dominated by three major companies: MMC Norilsk Nickel, Ural Mining and Metallurgical Company (UMMC), and the Russian Copper Company. The mining industry in Russia is governed by the Ministry of Natural Resources and Environment, and the Federal Agency on Mineral Resources. The Subsoil Law is the main law for regulating mining activities in the country.

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Summary

Russia ranked fifth globally with 30 million tonnes (Mt) of copper reserves as of January 2015, equal to 4.3% of the global total. Simultaneously, the country had the world's fourth-largest nickel reserves at 7.9Mt. According to the Committee of the Russian Federation for Geology and Subsoil, estimated zinc reserves and resources were 9.3Mt at the end of 2013. The mining industry is important for its economy and had contributed 11% towards overall gross domestic product (GDP) in the third quarter of 2014, and employed approximately 9.3% of the country's total population in 2014.

Over the forecast period (2015–2020), copper mine production is expected to increase to 813,010t, while nickel and zinc mine production is expected to increase to 276,480t and 196,882t respectively in 2020.

Scope

The report contains an overview of the Russian base metals (copper, nickel and zinc) mining industry, together with the key growth factors and restraints affecting the industry. It also provides information about reserves, reserves by region, historic and forecast production, production by state, base metal prices, trade information, the competitive landscape, and active, exploration and development projects.

Reasons To Buy

Gain an understanding of the Russian base metals (copper, nickel and zinc) mining industry, historic and forecast production, refined metal consumption and ores and concentrates exports, prices, demand drivers, active, exploration and development projects, the competitive landscape, and the country's fiscal regime.

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Key Highlights

- The mining industry is important for Russia's economy, and contributed 11% to the overall gross domestic product (GDP) in the third quarter of 2014; it employed approximately 9.3% of the country's total population in 2014.

- Russia ranked fifth globally with 30 million tonnes (Mt) of copper reserves, and the world's fourth-largest nickel reserves as of January 2015.

- Kazakhstan and South Korea were the two major export markets for Russian zinc ores and concentrates in 2014, accounting for 86.7% of total exports.

- The Russian base metal mining industry is dominated by three major companies: MMC Norilsk Nickel, Ural Mining and Metallurgical Company (UMMC), and the Russian Copper Company.

- The mining industry in Russia is governed by the Ministry of Natural Resources and Environment, and the Federal Agency on Mineral Resources. The Subsoil Law is the main law for regulating mining activities in the country.

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