Posts Tagged ‘Export’

Production and Consumption of Industrial Minerals and Rocks

Production and Consumption of Industrial Minerals and RocksAlthough the new economic measures, and the current economic crisis and the impact it is having on the production and consumption of industrial rocks and minerals (RMI), Spain remains a leading global producer of mineral resources, as is well mining to mine walk in absolute value only represents 0.3% of GDP.

Export companies in Spain put special attention because it is a mining country but often does not seem so.

The analyzed data provide the following resulatados about Spain:

  •     Second largest producer of Celestine
  •     The only European producer of sodium sulfate
  •     The second European producer of fluorite
  •     Europe’s largest producer of gypsum and
  •     The third of feldspar, with the largest reserves in the Old Continent feldspathic sand
  •     The third European producer of coal
  •     Currently oil is extracted in Burgos and Tarragona

The value of the production of energy minerals (coal, oil and gas) in 2009 was about 556 million Euros, 3% in 2008, and metallic minerals (copper, tin, iron, etc..) Was 290 million Euros. The projections for 2010 were 767 million Euros.

However, the Spanish mineral potential mainly depends on the extraction of industrial and precious metals, with high added value and that’s where your eyes have international firms.

The issue of occupancy is also drilling for several companies, including Canadian, Australian and European, which are drilled in Seville, Salamanca, Zamora, Asturias, Badajoz and Caceres in search of gold, copper, gold, tungsten or uranium. In addition, Cyprus and EMED Mining has standing to present the project of reopening the Rio Tinto mines (Huelva).

Indeed, the autonomous region is one of the most active in mine action, as also the possible opening of Rio Tinto, has launched three sites: the Water Stained (copper, zinc and silver) in Huelva, and Cobra Las Cruces (copper) in Seville, next to mine prospecting, La Zara, Huelva (copper, gold and zinc), under the insignia of Iberian Minerals, In met Mining and Ormond Mining, respectively.

Global Oil Consumption in 2011

Global Oil Consumption in 2011These days it gave an upward revision of forecast global oil consumption by 2011 that the strong rise in demand from China and India, and the Organization of Petroleum Exporting Countries (OPEC) should respond to this increasing production in order to stop what may happen to the markets during the coming months and a possible sharp rise.

In the monthly report which addresses the situation of the oil market, the IEA stresses that more oil is not injected to the market; the market may be too nervous and reflect on the price of oil and an increase in prices such as gasoline and other.

Among the causes of lack of oil in quantity demanded is partly due to the conflict in Libya as reported, it halted the extraction and export from Libya. As is muster last May, in which Libya’s oil output was only 100,000 barrels a day, far below the 1.5 million bpd by OPEC required prior to the conflict.

Another fact that helps is unmet demand is that the United Kingdom, United States, Canada, Argentina, Yemen, Sudan and Kazakhstan, agreed supply cuts temporary even if these countries do not belong to the so-called oil cartel. But if the groups these continue to produce 200,000 bpd by 2011.

This led to the passage of a demand to OPEC from 29.7 million barrels per day during the second quarter of 2011 to demand a 30.7 million during the third quarter and for the fourth quarter that would drop to 30.1 million demand barrels a day.

All this global oil demand in 2011 will be 89.3 million barrels a day, about 120,000 barrels more than estimated 1 month ago compared with 2010, this means that there is an increase of 1.4%.

Mining Companies Transform Themselves Into Zinc Metal for Domestic Consumption and for Export

Mining Companies Transform Themselves Into Zinc Metal for Domestic Consumption and for ExportTwo groups of minerals are exploited mainly zinc, supplied minerals (zinc sulfide associated with lead sulfide) which represent the main source of extraction, and calamine type oxide minerals that are in danger of extinction.

Production

Zinc is the fourth-level metal production in the world after iron, aluminum and copper. Although it operates in over 50 countries, the top five producing countries (China, Australia, Peru, Canada and the U.S.) produce about 65% of world production.

The zinc ore accounts for 50% of global demand for zinc. In the United States for example, two thirds of zinc are produced from the ore while the remaining third comes from the recycling of waste and debris. The progression of the supply of zinc is driven, among other things, potential markets and strong growth in construction sector in industrialized countries since the 1970′s.

The various markets for zinc and strong growth in construction have led to increases in the consumption of this product. The main exception is Central and Eastern Europe, consumers younger than galvanized steel.

Most large mining companies transform themselves into metal zinc for domestic consumption or for export. However, the ore is also exported in its raw form to be refined in third countries such as Japan, the Republic of Korea or Spain.