Metal ore mining industry primarily covers mining of metallic minerals and development of mine sites. It also includes ore dressing, and other beneficiating operations such as crushing, grinding, washing, drying, sintering, concentrating, calcining, and leaching.
The top five companies covered are Rio Tinto Plc, Vale SA, BHP Billiton Ltd., Fortescue Metals Group Ltd. and Barrick Gold Corp. Rio Tinto was the largest company in the metal ore mining market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global metal ore mining market was valued at $448 billion in 2017. Asia Pacific was the largest region in the metal ore mining market in 2017, accounting for around 80% of the total market. China was the largest country in the market accounting for around 50% of the total market.
The use of robots in the metal ore mining industry is improving the efficiency and productivity of mines and reduces operational costs. Robotics is significantly increasing the mining capabilities by rolling out autonomous trucks and drills, thus reducing the need for human workforce.
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