General Mineral Mining Market Global Briefing 2018

General Mineral Mining Market Global Briefing 2018
Starting Price : $ 1000.00 | Pages : 32 | Published : January 2018

SKU CODE : 2828 | Format :

The general mineral mining industry includes establishments involved in mining construction sand and gravel, industrial sand, kaolin and ball clay, clay and ceramic and refractory minerals. This market also includes companies carrying out potash, soda and borate mineral, phosphate rock, and other chemical and fertilizer minerals mining.

Asia Pacific was the largest region in the general mineral mining market in 2017, accounting for over 37% market share. This was mainly due to large market for chemical and fertilizers in the region, thereby driving extraction of mineral pigments, potash, sulfur and rock salt mining. North America was the second largest region accounting for over 22% market share. Eastern Europe was the smallest region accounting for over 3% market share.

Companies involved in potash mining are increasingly using potash solution mining techniques to improve extraction efficiency and increase profitability. Potash solution mining involves boring injection and recovery wells into the ground. A heated brine solution is injected into the deposit to dissolve the potash salts. The dissolved salts are then extracted to the surface and potash is separated and conditioned. Conventional mining of potash is associated with technical problems and additional costs. Solution mining results in a lower environmental footprint for the operating facilities, lower technical risks, higher extract ratio and faster lead time and lower investment costs than conventional mining process. Companies such as Potash Corporation of Saskatchewan, Mosaic, Intrepid Potash, and Western Potash are operating using potash solution mining technique in various mining projects.
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