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Saturday, February 12, 2011

Indonesian Mining Industry to Grow at a CAGR of 4.8% during 2010-15

Research and Markets highlighted on its latest research report that coal dominates the industry with 84% of the total market share in Indonesia, followed by nonmetallic minerals.
The nonmetallic mineral category is dominated primarily by cement, while the metallic mineral segment is dominated by bauxite and copper.

Fuelled by strong economic growth, the Indonesian mining industry mineral production, in volume terms, was estimated to have grown at a CAGR of 11% during 2004-09.
Expansion of key endmarkets such as construction, manufacturing and power will continue to drive demand for minerals. The Indonesian mining industry is estimated to grow at a CAGR of 4.8% during 2010-15.
(soucred:theindonesiatoday)

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