The Mineral and Phosphate Mining industry in Canada produces a wide variety of nonmetallic mineral products, but is largely dominated by the production of potash. Over the five years to 2017, IBISWorld anticipates the industry to contract due to a drop in potash prices and export declines. IBISWorld anticipates that the industry will turn a corner over the five years to 2022, growing slowly as prices stabilize and merger and acquisition activity increases.
This industry primarily engages in the mining of nonmetals, such as minerals and phosphate. It does not include coal, stone, sand, gravel, clay and ceramic mines.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.