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U.S. Mining Output to Grow 12% in 2021
According to the Mining.com website, the latest mineral product summary report released by the U.S. Geological Survey (USGS) shows that the output value of mines in the United States in 2021 is approximately US $90.4 billion, an increase of 12% over the previous year.
According to Mining.com,United States Geological Survey (USGS) The newly released Minerals Summary report shows that the value of mines in production in the United States is about $90.4 billion in 2021, an increase of 12% over the previous year.
The USGS believes that the gradual recovery of the economy after the government's mandatory lockdown measures in the early stages of the 2021 epidemic is the main driver of demand growth for minerals.
U.S. industrial minerals production is estimated at $56.6 billion in 2021, accounting for 63% of the country's mining output. Gravel is the main non-fuel mineral in the United States in 2021, accounting for 21% of the output value of U.S. mines.
Metal mine production was $33.8 billion billion, up 23% from 2020. The main metals include copper (35%), gold (31%), iron ore (13%) and zinc (7%).
According to the USGS, there are 14 mineral products with a domestic output value of more than US $1 billion, including crushed stone, copper, cement, gold and construction sand (gravel), ranking in the top 5.
Steven Fertier, Director, National Center for Mineral Information, U.S. Geological Survey (Steven Fortier) said that the downstream industries of these minerals, including steel, aerospace and electronics, added more than $3.32 trillion in 2021, up 8% from the previous year.
By state, Arizona, Nevada, Texas, California and Minnesota rank in the top five.
At the end of February, the USGS will publish an updated catalog of critical minerals, which has been open for comment for 60 days.
Source: Global Geology and Mineral Information System
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