The Global Nickel Mining Market Was Valued At USD 8 Billion in 2017Posted by praneeth on August 6th, 2018 Nickel ore mining industries include companies carrying out activities such as developing mine sites and preparing nickel ores and recovering nickel concentrates through precipitation, leaching and elector wining nickel ores.
Order the report at https://www.thebusinessresearchcompany.com/report/nickel-mining-global-market-report-2018 The market was valued at USD 8 billion in 2017, and is expected to grow at a higher growth rate than the historic period due to estimated future stability in the commodity prices, and rising demand for metallic and non-metallic products from developing countries such as India, for purposes of building and construction, and manufacturing. Asia- Pacific was the largest geographic region in the nickel mining market in 2017, accounting for about half of the global market share. The nickel mining market is split into segments: pentlandite (sulfide ore) and laterite. Download a sample of the report at https://www.thebusinessresearchcompany.com/sample.aspx?id=309&type=smp China was the biggest player in the market in 2017, accounting for one one-fifth of the market share. This can be attributed to the country’s economic power, abundant mineral resources, increased energy demand, and high government and private expenditure in the manufacturing industry. China was followed by the USA as the next largest country in the market. The top five competitors in the market are Vale SA, MMC Norilsk Nickel, Xstrata Plc, Jinchuan Group Ltd, and BHP Billiton Ltd. Vale SA is the world's largest iron ore producer.Sales of iron ore fines and pellets represented two-third of total company revenues in 2014. In 2014, Vale sold 256 million metric tons of iron ore fines and 44 million metric tons of iron ore pellets.Vale's Mariana Hub was the 9th largest iron ore mining center in the world in 2014, with an output of 39 million metric tons. About The Business Research Company. The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally. Contact Information. The Business Research Company Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it! More by this author |