Global Metal Ore Market Report by The Business Research Company covers the metal ore market drivers, restraints, size, major players and the impact of COVID-19
LONDON, GREATER LONDON, UK, July 1, 2022 /EINPresswire.com/ — According to ‘Metal Ore Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the metal ore market size is expected to grow from $417.68 billion in 2021 to $478.85 billion in 2022 at a compound annual growth rate (CAGR) of 14.6%. The global metal ores market size is expected to grow to $831.22 billion in 2026 at a CAGR of 14.8%. The presence of large metal ore reserves globally supported the metal ore mining activities.
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The metal ore market consists of sales of metal ores and concentrates by entities (organizations, sole traders and partnerships) that mine metallic mineral ores. The industry includes establishments developing mine sites, ore dressing, and other beneficiating operations such as crushing, grinding, washing, drying, sintering, concentrating, calcining, and leaching.
Global Metal Ore Market Trends
Mining companies are starting to use cognitive computing to enhance the decision-making capabilities in mining operations. The ability of cognitive computing to give insights on future trends of the industry and make real-time decisions are some of the driving factors for mining companies to implement this technology. The key areas where cognitive computing and predictive technology helps mining companies include giving accurate information on drilling locations, depth to be drilled, predicting the equipment failure in advance and autonomous transportation.
Global Metal Ore Market Segments
The global metal ore market is segmented:
By Type: Gold Ore, Iron Ore, Silver Ore, Uranium Ore, Vanadium Ore, Others
By Organization Size: Large Enterprises, Small and Medium Enterprises
By Form: Sinter Fines, Lumps, Pellets, Others
By Geography: The global metal ore market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
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Metal Ore Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides metal ore market outlook, metal ores market analysis and forecasts market size and growth for the metal ore global market, metal ore global market share, metal ore global market segments and geographies, metal ore global market players, metal ore market leading competitor revenues, profiles and market shares. The metal ore global market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Metal Ore Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Vale S.A., Rio Tinto, BHP Group, Anglo American plc, Fortescue Metals Group Limited, Barrick Gold Corp, Newmont Corporation, Lonmin, Glencore International and AngloGold Ashanti Limited.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And So Much More.
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Article originally published on www.einpresswire.com as Metal Ore Global Market To Grow At Rate Of 15% Through 2026