The $2 trillion mining value chain at a glance

Frik Els | October 19, 2015 | 11:46 pm Base Metals Battery Metals Energy Precious Metals Top Companies Coal Copper Diamond Gold Iron Ore Palladium Platinum Potash Rare Earth Silver Uranium Zinc 

The Boston Consulting Group, in conjunction with the World Economic Forum, released the Mining & Metals in a Sustainable World 2050 report last month.

The report contained a table that neatly summarized the mining and metals value chain which totals nearly $2 trillion a year. For reasons not stated, the table contained in the report omitted silver.

Using data from the Silver Institute for 2014 and after making a few back of the envelope calculations I added the metal to the WEF chart below (with apologies to the authors of the original):

The $2 trillion mining value chain at a glance

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4 Comments

  • Kevin Ashley

    This is a great table. However, the numbers you added for silver are in billions of dollars whereas all of the other values in the interior of the table are in percent of production. Any chance you can correct this and republish?

    • MINING.com Editors

      Thanks for pointing that out Kevin. There’s a… er… 100% chance I will correct this and republish – Frik

  • Rod B

    Very good table Mr. Els. The silver line looks good, as stated.

  • MiningWatch Canada

    Nicely done! This is a fascinating chart.

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