United States Mining Industry Overview
The mining market in the United States has a long history and is one of the most mature across the world. The country has a global leading production of cold, copper, coal and zinc. Many major mining supply and service companies are based there. The proximity with Canada as well as the recently signed Canada–United States–Mexico Agreement (CUSMA) offers good opportunities for Canadian firms.
Additionally, the US has the largest share of Canada’s mining assets abroad. Growing operational costs compared to international competitors is among the major threats of the industry. Many Canadian suppliers excel in reducing costs through technology.
Although the United States represent of the leading mining production nation in the world, recent volatility in the market and declining demand for steel, copper and zinc has limited growth in the past years. General forecasts predict price recoveries, and could potentially bring great opportunities for the Canadian mining supply and services sector.
MPC Global Ltd is an OEM Mining Equipment Parts & Components Distribution company; we divert all of our resources exclusively to the Industry in which we serve. With an operational base in the U.S. & E.U. we are able to deliver products and services to our clients directly from our OEM Supplier… Learn more about MPC Global Ltd