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Metals and mining
Mining & Metals are the backbone of the global economy. Standing at the beginning of most value chains, the Mining & Metals industry is a critical supplier of essential inputs and a global generator of trade and employment. It also has important environmental, fiscal and social effects, and acts as a catalyst for the economic progress of numerous mining-dependent countries in the world.
The Mining & Metals industry comprises the ex💖traction of useful minerals from the ground, including oil and gas, coal, metal ores and non-metallic minerals, and related support activities. It also includes activities lower down the supply chain, such as metal processing, manufacturing of metals and a variety of fabricated metal products, such as cutlery, 🗹metal structures, boilers, tanks and ammunition.
Though the countryﷺ has abundant metal resources, Indonesia’s metal processing sector is underdeveloped. It has low penetration rate as it accounted for less than 1% of the country’s nominal GDP in 2018. However, the government sees it as ...
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🐲Despite having abundant metal resources, Indonesia’s metal processing sector is underdeveloped. The country🧜 has mainly exported lower value-added minerals and imported higher value-added metal products. The basic metals sector generates just 0 ...
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The Indonesian coal🔯 sector contributed 1.7% to the country’s GDP in 2015. Indonesia is the largest exporter of thermal coal and the fifth-largest coal producer in the world. Coal production decreased by almost 15% y/y in 2015 as♛ a result of ...
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