France Mining Industry Analysis: Trends and Opportunities (2013-2018)
The report titled “France Mining Industry: Sector Report” provides an in-depth analysis of the French mining industry with special focus on both metal and mineral commodities. It also accesses the key opportunities and underlying trends in the market and outlines the factors that are and will be driving the growth of the industry in the forecasted period (2013-18). Further, key players of the industry like Rio Tinto, Umicore and Areva are profiled in the report.
The French mining industry does not compete in the metals and mining industry in either the European region or globally and it is reflected in comparatively lesser fraction of France’s labor force (less than 1%) being engaged in mining activities. The production of mineral commodities in France has been declining in recent years. Metal commodities like Aluminum, Lead, Nickel is more popular in France over production of popular industrial minerals like Cement, Mica and Clays. However, in coming years industrial minerals are expected to report better growth than metal commodities.
The growth of France mining industry is driven by rise in industrialization, exploration spending, government initiatives and tariff free regulations. However, factors such as mounting raw material prices, managing risks and slow growth in end markets are affecting the growth of mining industry of France. Major trends prevailing in the market are mergers and acquisitions in the industry, new technological developments and increased investments.