The US mining industry suffered in the last two years due to the COVID-19 pandemic. Company operations were affected, government lockdowns meant the closure of mines, the demand for many commodities remained low, and the prices also remained subdued in many cases. However, the mining sector in the US is expected to witness promising growth in the short term, with the markets for lithium and nickel growing substantially.
In the coming years, the market value for the US mining sector is likely to contract, owing primarily to the decline in the domestic coal sector. The copper and gold markets will continue to drive the industry, and the industry's value will increase slightly to end the year 2022 at around $163 billion.
In such an industry scenario, the publisher analyzes the US mining industry in its in-depth research report, US Mining Industry - Analysis and Forecast. This is a comprehensive research report on this sector that is passing through some turbulent times.
The report contains the following industry statistics and information:
- Market data is analyzed through five main sectors: coal, copper, gold, lead, and lithium.
- Data also includes statistics from major mines of these five sectors.
- Market trends and the latest developments are looked at, along with how they will affect the overall industry.
- The impact of the COVID-19 pandemic on the US mining industry is analyzed.
- A brief profile includes the regional Americas mining industry and the global commodities market.
- A SWOT Framework analysis looks at the strengths of the industry, weaknesses the market faces, opportunities to exploit in the coming time, and threats it needs to overcome.
- A comprehensive Porter's Five Forces analysis examines the US Mining Industry's competitive forces. It covers the bargaining power of buyers and suppliers, rivalry in the industry, and the threat of new entrants and industry substitution.
- Regulations governing the industry are examined, and how they affect the major industry players.
- The competitive landscape in the US mining industry also looks at the mines that the major industry players operate.
- A forecast of the US Mining Industry up to 2031 is included in the report. A regional mining industry forecast in the Americas is included, along with future trends.
- The future of the sectors for coal, copper, gold, lead, and lithium are included.
- Expected production statistics of some of the major mines are also included.
- Major companies operating in the US mining industry are analyzed through a complete business segment analysis, financial analysis, and a SWOT analysis. Players like Albermarle Corporation, Peabody Energy, Grupo Mexico, Freeport-McMoRan, Newmont Corporation, and many others are included in this comprehensive report.
Table of Contents
A. Executive Summary
Companies Mentioned
- Albemarle Corporation
- AngloGold Ashanti Limited
- Antofagasta
- Arch Resources
- Barrick Gold Corporation
- Doe Run Company
- Excelsior Mining
- Freeport-McMoRan
- Grupo Mexico
- Hecla Mining
- Kinross Gold
- Newmont Corporation
- Novagold
- Peabody Energy
- Piedmont Lithium
- Rio Tinto Group
- South32
- Teck Resources
- US Gold Corporation
- Vale