Trend reversal

Metal ore mining in Europe

Summary: The mining industry in Europe has lost its influence. While Europe accounted for almost 40 % of global mining output at the beginning of the last century, it now has a share of only about 3 %. However, in the course of the debate about the supply of critical raw materials, a trend reversal has become evident. The following report provides background information, figures and data and portrays key mining companies in the EU with a focus on the non-ferrous metals sector.

1‌‌‌ Introduction

It‘s been over 150 years since Europe dominated the mining industry. Measured by the production of metal ores, Europe still accounted for 62 % of world revenues in 1860. However, over the years, Europe‘s influence has declined rapidly, and now the EU-28 account for only 3 % of global mining revenues. This figure is derived from data published by Euromines (European Association of Mining Industries, Metal Ores & Industrial Minerals). According to the latest figures from the US Geological Survey (USGS) in 2014, the EU accounts for the following shares in the global mining...

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