Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf...

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Swedish & Polish contribution to the EU Raw Materials Initiative Brussels 27th November 2012 Magnus Ericsson Copper drawing: Kaianders Sempler. Baltic mining cluster - Europe and the World

Transcript of Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf...

Page 1: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Magnus Ericsson

Swedish & Polish contribution to the EU Raw Materials Initiative

Brussels 27th November 2012

Magnus Ericsson

Copper drawing: Kaianders Sempler.

Baltic mining

cluster -

Europe and

the World

Page 2: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Global metal mining

061030 Anton Löf

Source: Raw Materials Data, 2012.

Page 3: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Global metal mining

061030 Anton Löf

China

14.8 %

Source: Raw Materials Data, 2012.

Page 4: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Global mining - incl. coal

Source: Raw Materials Group, Stockholm 2010.

China

29 %

Source: Raw Materials Data, 2012.

Page 5: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

0

10

20

30

40

50

60

70

1850 1870 1890 1910 1930 1950 1970 1990

Europe

USA

China

USSR/CIS

Australia/Canada

6 resource rich dev.

countries

% of global mining

Global mining – geography

Page 6: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Agenda

• Global mining

• European exploration, mining

• Baltic cluster

• Future ?

Page 7: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Raw Materials Group

• Merged with Intierra 2012 IntierraRMG

• Raw Materials Data: Metals/Coal/Iron Ore

• Strategy development companies

– Mining, exploration equipment & service

• Mineral policy, investment promotion

– Governments, International organisations

• Pre-feasibility/Feasibility studies

– Financial institutions, companies

• Newsletters: Investment trends; Iron Ore, Copper, Nickel Quarterlies

Page 8: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Nickel drawing: Kaianders Sempler.

European

exploration

& mining

Page 9: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Value of mineral production

061030 Anton Löf

Source: Raw Materials Group, Stockholm 2012.

Page 10: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Mines in Europe

061030 Anton Löf

Source: Raw Materials Data Stockholm 2012.

Page 11: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Value of mine production

061030 Anton Löf

Source: Raw Materials Data Stockholm 2012.

Page 12: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Mining companies

061030 Anton Löf

Rank

world

2011

Company name Country Share of value

of

world mine

prod

(%)

Cumul

share

of world

2011

(%)

Main metal

value

share

(%)

29 LKAB Sweden 0.600 0.60 Fe 100

30 KGHM Polska Miedz Poland 0.589 1.19 Cu 66

74 Boliden Sweden 0.204 1.39 Cu 36

333 Boleslaw Poland 0.013 1.41 Zn 71

372 Elgin/Gold-Ore Resources Sweden 0.009 1.50 Au 100

411 Lappland Goldminers Sweden 0.005 1.55 Au 100

Source: Raw Materials Data Stockholm 2012.

Page 13: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

European exploration

061030 Anton Löf

Source: Raw Materials Group, Stockholm 2012.

95 115

90

60

45

40

MUSD

Page 14: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Investments in Europe

061030 Anton Löf

Source: Raw Materials Data Stockholm 2012.

Page 15: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Nickel drawing: Kaianders Sempler.

Exploration &

mining

Europe

Exploration 3.3 %

Mining 2.2 %

Mining incl coal 5.6 %

Investments < 2 %

Page 16: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Manganese drawing: Kaianders Sempler.

Baltic

mining cluster

Page 17: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Baltic mining cluster

Source: Noras, Ericsson 2006.

Barents Nordic

BALTIC

Page 18: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Baltic cluster

market shares

0 50 100

Mining

Exploration

Smelting

Flash smelters

Drill units

SAG mills

Source: Noras, Ericsson 2006.

% estimate of Total World

Page 19: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Technical development

Drilling

technology

during 100

years

Source: Atlas Copco 2012.

Page 20: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Baltic countries

• Large and vibrant mining industry.

• Equpment suppliers, service

providers and consultants are global leaders.

• Innovative R&D.

• Coordination in training and education !

• Critical to the supply of minerals to Europe.

• Norwegian oil fund - best in the world?

• Solid reputation in emerging countries.

Page 21: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Vanadium drawing: Kaianders Sempler.

Future

Page 22: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Metal prices index 2012

Source: Raw Materials Group, Stockholm 2012.

Page 23: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Mining industry capex

061030 Anton Löf

Source: Raw Materials Group, Stockholm 2012.

billion USD

Page 24: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Projects in Europe

061030 Anton Löf

Source: Raw Materials Data, Stockholm 2012.

Page 25: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Nordic ore production 2010-20

061030 Anton Löf

0

50

100

150

200

250

300

Sweden

Norway

Greenland

Finland

Mt

Page 26: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Excellent basis for

Baltic mining cluster

• Geology: knows no borders.

• Academia: R&D & training in the making.

• Industry: Cooperation & integration started.

• Government: start closer cooperation.

Page 27: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Conclusions

Drawings: Kaianders Sempler.

• Mining creates values & jobs.

• Regional economic motor.

• Global markets are still favourable.

• No growth without mining.

• Baltic knowledge/experiences in demand.

• Industry integrated in Nordic countries –

Baltic cluster next step.

• Political coordination necessary.

Page 28: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Tungsten drawing: Kaianders Sempler.

Raw Materials Group

Magnus Ericsson

PO Box 3127

SE-169 03 Solna

Tel: +46-8-744 00 65

Fax: +46-8-744 0066

E-mail: [email protected]

www.rmg.se

Dziękuję/Tack!

Thank you !

Page 29: Baltic mining cluster - Europe and the World Magnus Ericsson · Mining companies 061030 Anton Löf Rank world 2011 Company name Country Share of value of world mine prod (%) Cumul

Metals first isolated in

Sweden/Finland

Please visit www.rmg.se