Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / Mining Industry Gained 324.89 Billion Profit, Rising 5.9 Times

Mining Industry Gained 324.89 Billion Profit, Rising 5.9 Times

Oct 11, 2017 10:34

Source:SMM

Mining industry gained 324.89 billion profit, rising 5.9 times during January to August compared with same period of last year.

SHANGHAI, Oct. 11 (SMM)－Mining industry gained 324.89 billion profit, rising 5.9 times during January to August compared with same period of last year. Ferrous metals smelting and rolling processing industry rose 44.8%, general equipment industry rose 16.9%, specialized equipment industry rose 22.7%, and automobile industry rose 11.7%.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

mining

manufacturing industry

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

China’s rare earth mining and smelting/separation quotas stood at 168,000 mt and 162,000 mt respectively in 2021, according to the Ministry of Natural Resources (MNR) and the Ministry of Industry and Information Technology (MIIT).

Jan 6, 2022 17:07

SMM Insight

Rare Earth Ore Mining Quota Review in 2021

Tungsten ore mining quotas in 2021 up by 20%, tight supply situation to be eased

SMM believes that the current increment of the tungsten ore mining quotas is the highest over the past three years.

Feb 20, 2021 20:08

Analysis

Tungsten ore mining quotas in 2021 up by 20%, tight supply situation to be eased

Copper market transparency necessary for sustainable growth

In order to achieve a sustainable future, mining giant BHP urges for greater transparency in the pricing mechanisms in the copper market.

Dec 4, 2020 08:44

SMM Comments Analysis

Copper market transparency necessary for sustainable growth

China Pushes Mining Cooperation with ASEAN

China and Association of Southeast Asian Nations (ASEAN) should deepen cooperation in the mining industry, said Cao Weixing, Vice Minister of the Ministry of Land and Resources on August 24.

Aug 25, 2017 10:35

Industry

China Pushes Mining Cooperation with ASEAN

Peru Mining Industry to Benefit from Lower Air Quality Standards

Peru’s President Pedro Pablo Kuczynski announced Wednesday the country will use new air quality standards which are loosened from former standards, wenhua.com reported.

Jun 8, 2017 10:42

Industry Reminder

Peru Mining Industry to Benefit from Lower Air Quality Standards

Mexican Mining Exploration Draws Least Investment in 2016

Mexican mining exploration industry only attracted $483 million of investment in 2016, a fall of 8.5% on a yearly basis, according to the Ministry of Commerce.

Apr 17, 2017 13:57

Industry Reminder

Mexican Mining Exploration Draws Least Investment in 2016

Citi expects upbeat earnings reports from Mining sector

The season is approaching when mining companies release their quarterly and 2016 full-year earnings reports, and this is typically a time when mining stocks do well, reports Citi Research.

Jan 18, 2017 10:12

Industry

Citi expects upbeat earnings reports from Mining sector

Is The Mining Sector Embracing Crowdfunding?

The mining community needs to see a proven track record that crowdsourcing can become another venue for companies to raise much-needed capital, according to one sector-leading executive.

Sep 23, 2016 09:46

SMM Comments

NMDC targets three-fold increase in production by 2022

The state-owned iron ore mining major, NMDC Ltd , has set ambitious production and sales targets for 2015-’16.

Apr 1, 2015 09:41

Reminder

Anglo American predicts stable copper output in 2015

The multinational mining firm Anglo American plc predicts the copper output for 2015 by the company to remain more or less stable at 2014 levels.

Feb 16, 2015 17:18

Industry

SMM Events & Webinars

All

Nov
24
- 2024 SMM Middle East Secondary Metal Field Trip
  Nov 24 - Dec 01,2024
  UAE
Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China

Mining Industry Gained 324.89 Billion Profit, Rising 5.9 Times

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo