The Importance Of Transport To Industrial Mineral Production-An Update

- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 28
- File Size:
- 1386 KB
- Publication Date:
- Jan 1, 1996
Abstract
Industrial minerals are critical to most aspects of modern society. They are pervasive in both industry and in everyone's lives (McVey, 1989; Barsotti, 1993). They are also the dominant class of minerals produced in the United States but this fact is little known outside the industry. For example, in 1993 (U.S. Bureau of Mines, 1995, table 1) industrial mineral dollar value was double that of metals ($20.86 billion vs. $10.88 billion) and employment levels were nearly so (74,000 vs. 40,000). A further difference is that transportation tends to dominate production costs (FOB end user) whereas they are much less significant in other mining ventures or other industries. Finally, metal mines are more concentrated west of the Mississippi; industrial mineral operations are more prevalent to the east (U.S. Bureau of Mines, 1995, p. 16-17). The significance of transport cost is discussed in Part 2, which is essentially Barker and Austin, 1995. Part 1 will update and expand portions of Barker and Austin (1995) and provide a more detailed discussion of import/export relationships using a China/United States reference point because of China's dramatic influence on some industrial mineral markets since the mid-1980s (barite, etc.).
Citation
APA:
(1996) The Importance Of Transport To Industrial Mineral Production-An UpdateMLA: The Importance Of Transport To Industrial Mineral Production-An Update. Society for Mining, Metallurgy & Exploration, 1996.