China Mining and Metals: The Waking Giant

It is difficult to overstate the importance of China to the future of the world mining and metals industries. In a remarkably short time, China has risen to become the world?s largest producer and consumer of steel and its second largest consumer of non-ferrous metals such as copper and aluminium. It is currently the world?s largest buyer of copper on international markets, the second largest buyer of iron ore, and the third largest buyer of alumina. At the same time, it is the world?s largest or second largest producer and exporter of tin, lead, zinc, magnesium and a host of minor metals and industrial minerals, as well as a fast-growing exporter of coal.