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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 usefuꦐl minerals from the ground, including oil and gas, coal, metal ores and non-metallic minerals, and related support activities. It also includes activities lower down the supply chain, such as metal processing, man🌠ufacturing of metals and a variety of fabricated metal products, such as cutlery, metal structures, boilers, tanks and ammunition.
Though the country has abundant metal resources, Indonesia’s metal processing sector is underdeveloped. It has low penetration rate as it accounted for less than 1% of the country’s nominal GDP in 2018. However, the🔴 government sees it as ...
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Despite having abundant metal resour𓆉ces, Indonesia’s metal processing sector is underdeveloped. The country has mainly exported lower value-added minerals and imported higher value-added metal ♏products. The basic metals sector generates just 0 ...
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The Indonesian coal sector contributed 1.7% to the country’s GDP in 2015♉. Indonesia i♍s the largest exporter of thermal coal and the fifth-largest coal producer in the world. Coal production decreased by almost 15% y/y in 2015 as a result of ...
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