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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 extraction of useful minerals from the ground, including oil and gas, coal, metal ores and non-metallic minerals, and related support acti🦹vities. 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 s🃏tructures, boilers, tanks and ammunition.
Due to the combination of its rich, unexplored mineral resources and active government measures to enhance ⛎the regulatory framework, Ecuador is on track to become the fastest-growing mining destination in Latin America. Growing investor appetite for ...
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Alth♍ough mining has taken place in Ecuador since precolonial times, the sector has never been a pillar of the economy, mainly due to an unfavourable government policy that has discouraged investments. In 2017, mining contributed to just 0.5% of the ..🎶.
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