印度采矿行业市场前景及投资研究报告-外文版培训课件

INDUSTRIES

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MARKETSMiningindustryinIndiaCHAPTER

01OverviewMineralproductionvalueinIndiafrom2016to2020(inbillionU.S.dollars)ProductionvalueofmineralsinIndia2016-202090778070605040302010021.721.72016201820203Description:India'smetallicmineralandcoalproductionhadatotalvalueofover21billionU.S.dollarsin2020.Thiswasasignificantdecreasecomparedto2016,whencoalandmetallicmineralproductioninIndiahadatotalvalueof77billionU.S.dollars.

ReadmoreNote(s):Worldwide;2016to2020;MetallicmineralandcoalproductionvalueSource(s):ICMMMajorcountriesinworldwidecementproductionin2023(inmillionmetrictons)Leadingcementproducingcountriesworldwide2023Productioninmillionmetrictons1,00005001,5002,0002,500ChinaIndia2,100410VietnamUnitedStatesIran110916579TurkeyBrazil6362575350505050IndonesiaRussiaSaudiArabiaEgyptJapanSouthKoreaMexico4Description:In2023,cementproductionintheUnitedStatesamountedtosome91millionmetrictons.Thus,theUnitedStateswasrankedasthefourthleadingcementproducerglobally.ReadmoreNote(s):Worldwide;2023Source(s):USGeologicalSurveyMajorcountriesinironoremineproductionworldwidein2023(inmillionmetrictons)Globalironoremineproduction2023,bycountryProductioninmillionmetrictons2023*

202250001002003004006007008009001,0001,100960944AustraliaBrazil440435280ChinaIndiaRussia2722702518884.23634.1UkraineSouthAfricaIranKazakhstanCanada6163.77778.35353.670694439UnitedStatesSweden3838.95Description:ThemineproductionofusableironoreinAustraliareachedapproximately960millionmetrictonsin2023.Australiaisbyfartheworld'slargestironoreminingcountry.ReadmoreNote(s):Worldwide;2023;allfiguresareestimatedSource(s):USGeologicalSurveyLeadingcountriesbasedontheproductionofmicaworldwidein2023(inmetrictons)Globalmicaproduction2023,bycountryProductioninmetrictons010,00020,00030,00040,00050,00060,00070,00080,00090,000ChinaFinland85,00060,000MadagascarUnitedStatesCanada50,00038,00015,00015,00012,00010,000IndiaSouthKoreaFranceTurkey4,0006Description:Theworld'slargestmicaproducerin2023wasChina,withanestimatedoutputof85,000metrictonsofmica.ThiswasfollowedbyFinland,whichproduced60,000metrictonsthatyear.ReadmoreNote(s):Worldwide;2023Source(s):USGeologicalSurveyMajorcountriesinrareearthmineproductionworldwide2023(inmetrictonsREO)Globalrareearthmineproductionbyleadingcountry2023Productioninmetrictonsofrare-earthoxide20232022050,00043,000100,000150,000200,000250,000240,000300,000China*UnitedStatesMyanmar**AustraliaThailandIndia210,00042,00038,00012,00018,00018,0007,1007,1002,9002,9002,600Russia2,600960MadagascarVietnam9606001,20080Brazil807Description:In2023,Chinahadamineproductionofsome240,000metrictonsofrare-earthoxide.Chinaistheworld'slargestproducerofrareearthsbyalargemargin.TheUnitedStatesisdistantlytheworld’ssecond-largestrareearthsproducer,withanoutputofaboutone-fifththevolumeofChina.ReadmoreNote(s):Worldwide;2023;FiguresareestimatedSource(s):ArgusMedia;USGeologicalSurveyLeadingminingcompaniesworldwidein2024,basedonrevenue(inbillionU.S.dollars)Globallistofleadingminingcompanies2024,basedonrevenueRevenueinbillionU.S.dollars50

1000150200250Glencore,UKJiangxiCopper,ChinaBHP,Australia/UK217.8672.0755.3454.05RioTinto,Australia/UKZijinMiningGroup,ChinaVale,Brazil40.6240.34AluminumCorporationofChina,ChinaAngloAmerican,UK31.1830.66TataSteel,India27.94CMOC,ChinaHindalco,IndiaFreeport-McMoRan,U.S.Cleveland-Cliffs,U.S.26.0625.8323.7921.921.0318.8JSWSteel,IndiaTonglingNonferrousMetalsGroup,China8Description:MiningcompanyGlencorewasrankedasthenumberoneminingcompanyintheworldasof2024,withanannualrevenuein2023ofapproximately218billionU.S.dollars.InthirdplacewasBHP.BHP’srevenuehasrecoveredinthepastfewyearsfromaslumpinrevenuesin2016and2017.Theirprimaryfocusisonmetalsandmining.ReadmoreNote(s):Worldwide;2023and2024;onlycompanieswithminingactivitieshavebeenincludedSource(s):FinancialTimes;ThomsonReuters;Varioussources(companydata)CHAPTER

02ProductionNumberofreportingminesinIndiafromfinancialyear2014to2022NumberofreportingminesinIndiaFY2014-20224,5003,9794,0003,5003,0002,5002,0001,5001,0005003,5241,6191,6161,4311,4271,3851,3751,3190FY2014FY2015FY2016FY2017FY2018FY2019FY2020*FY2021*FY2022**10Description:Infinancialyear2022,thenumberofreportingminesinIndiawasestimatedat1,319.Thiswasadecreasecomparedtothepreviousyear,whenIndiahadapproximately1,375reportingmines.India'sminingindustryisregulatedbothatthecentralandstatelevel,andminingactivitycanbeperformedfollowingtheacquisitionofalicense.ReadmoreNote(s):India;FY2014toFY2022;Excludingatomic,fuel,andminorminerals;*Provisionalfigures.**Estimatedfigure.India'sfinancialyearstartsinAprilandendsinMarch.Forexample,FY2019startedinApril2018andendedinMarch2019.[...]

ReadmoreSource(s):MinistryofMines(India)BreakdownofmineralproductionvalueinIndiainfinancialyear2021and2022,bysectorMineralproductionvaluebreakdowninIndiaFY2021-2022,bysectorSectorPrivate

sector

2021Public

sector

2021Private

sector

2022Public

sector

2022Shareofdomesticmineralproduction(inpercent)55.9644.0458.5441.46Mineralproductionvalue(inbillionIndianrupees)493.57391.58777.13550.3411Description:Inthefinancialyear2021-22,India'sprivatesectoraccountedforthelargestmarketshareofdomesticmineralproduction.Withamineralproductionvalueofapproximately777.13billionIndianrupees,theprivatesectoraccountedformorethanhalfofIndia'smineproductionthatyear.Meanwhile,India'spublicsectorminesaccountedfora41.5percentshareofthecountry'smineralproduction.ReadmoreNote(s):India;FY2021;Valuesexcludeatomic,fuel,andminormineralsSource(s):MinistryofMines(India)DistributionofmineralproductioninIndiainfinancialyear2022,bystateShareofmineralproductioninIndiaFY2022,bystateMaharashtra2.00%Remainingstates2.96%MadhyaPradesh2.44%Jharkhand4.36%Karnataka13.24%Odisha44.11%Rajasthan14.1%Chhattisgarh17.34%12Description:Inthefinancialyear2022,theIndianstateOdishaaccountedfornearlyhalfofIndia'smineralproduction,atover44percent.Meanwhile,Chhattisgarhwasthesecond-largestminingstateinIndiaatthattime,havingaccountedfor17.34percentofthetotalvalueofmineralproductionintheSouthAsiancountry.ReadmoreNote(s):India;FY2022;FiguresexcludeatomicandfuelmineralsSource(s):MinistryofMines(India)AnnualgrowthrateofmineproductioninIndiafromfinancialyear2013to2023MiningindustrygrowthrateinIndiaFY2013-202315%10%5%12.2%5.3%4.7%4.3%2.9%2.3%1.6%0%-0.1%-1.4%-5%-5.3%-7.8%-10%FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023*13Description:Attheendoffiscalyear2022,productionoftheminingindustryacrossIndiaincreasedbyabout12percent.Preliminarydataforthefiscalyear2023indicatesadecreaseoftheminingindustryproductiongrowthrateincomparisontothepreviousyear,at4.7percent.ReadmoreNote(s):India;FY2013toFY2023;basedonIndexofIndustrialProduction(IIP),baseyearFY2012;*ProvisionalfigurefromApriltoNovember2022.India'sfinancialyearbeginsinAprilandendsinMarch.Forexample,FY2021startedinApril2020[...]

ReadmoreSource(s):DepartmentforPromotionofIndustryandInternalTrade(India);MOSPI(NationalStatisticalOffice)IndexofIndustrialProductionoftheminingsectorinIndiafromfinancialyear2010to2022MiningIIPinIndiaFY2010-2022135131128.513012512011511010510095124.5113.3109.6107.9104.9102.510197.394.794.693.39085FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY202214Description:TheIndexofIndustrialProductionoftheIndianminingsectorinthefinancialyear2022was113.3.Thatwasanincreaseof12.3indexpointscomparedtothepreviousyear.ReadmoreNote(s):India;FY2010toFY2022;baseyearFY2012=100Source(s):MOSPICHAPTER

03MetallicmineralsProductionvolumeofgoldinIndiafromfinancialyear2012to2021,withestimatesuntil2023(inmetrictons)GoldproductionvolumeinIndiaFY2012-20232.52.192.01.741.671.651.591.61.561.441.51.00.50.01.321.251.130.78FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022*FY2023*16/statistics/667473/india-gold-production-volumeIndia'sprimarygoldproductionamountedtoaround1,251kilograms(1.25metrictons)infinancialyear2021-22.Thiswasanotabledecreasefromthecountry'sprimarygoldproductioninfinancialyear2019-20,whichamountedto1,742kilograms.

ReadmoreNote(s):India;FY2012toFY2023;*Provisionalfigures.ThefigureforFY2023isasofNovember2022.India'sfinancialyearbeginsinAprilandendsinMarch.Forexample,FY2016startedinApril2015andendedinMarch2016.Figureshavebeen[...]

ReadmoreSource(s):MinistryofMines(India)MineproductionofsilverinIndiafrom2010to2021(inkilograms)SilvermineproductioninIndia2010-2021700665.7658.06633582.36005004003002001000526.6490.19445.37374366.9337.94203.462011165.112010201220132014201520162017201820192020202117Description:In2021,India'ssilvermineproductionamountedtoover665kilograms.Thisrepresentedanincreaseofroughlyfivepercentincomparisontothepreviousyear.Indiawasthethird-largestproducerofsilverintheAsiaticcontinentthatyear.

ReadmoreNote(s):India;2010to2021Source(s):WorldBureauofMetalStatisticsProductionvolumeofironoreinIndiafrom2010to2021(inmillionmetrictons)IronoreproductionvolumeinIndia2010-2021300250250.02229.76209.07195.8204.72203.98201.8220015010050184.5152.6142.5139.4136.1020102011201220132014201520162017201820192020202118Description:TheproductionvolumeofironoreinIndiawasaround250millionmetrictonsin2021.Theminedoremainlyconsistedoflumps,fines,andconcentratesofiron.Theproductionvalueofironoreduringthatyearwasestimatedtobenearly394billionIndianrupees.ReadmoreNote(s):India;2010to2021Source(s):WorldBureauofMetalStatisticsProductionvolumeofsiliconinIndiafrom2010to2023(in1,000metrictons)SiliconproductionvolumeIndia2010-20231009086868070687060504030201006660606059595959595720102011201220132014201520162017201820192020202120222023*19Description:India’sferrosiliconproductionvolumeamountedtoanestimated60,000metrictonsin2023.Thatwasadecreaseof26,000metrictonscomparedtoIndia'sferrosiliconproductionin2013and2014,whichwasthelargestproductionvolumerecordedduringtheperiodofconsideration.ReadmoreNote(s):India;2010to2023;Productionquantitiesareforferrosilicon;*Estimated.

Thisstatisticwasassembledusingseveraleditionsofthereport.ReadmoreSource(s):USGeologicalSurveyMineproductionofrareearthsinIndiafrom2010to2023(inmetrictonsREO)RareearthsmineproductioninIndia2010-20233,5003,0002,9002,9002,9002,9002,9002,9002,9002,9003,0002,5002,0001,5001,0005002,8002,8001,8001,7001,5000201020112012201320142015201620172018201920202021*2022*2023*20Description:Indianproductionofrareearthsamountedtoanestimated2,900metrictonsofrare-earthoxideequivalentin2023.Indiawastheworld'ssixth-largestproducerofrareearthsthatyear.

ReadmoreNote(s):India;2010to2023Source(s):ArgusMedia;USGeologicalSurveyMineproductionofzincinIndiafrom2020to2022(in1,000metrictons)ZincmineproductioninIndia2020-2022900830810800700600500400300200100072020202021202221Description:In2022,theproductionvolumeofzincacrossIndiaamountedtonearly830thousandmetrictons.Thisrepresentedanincreaseincomparisontothepreviousyear.

ReadmoreNote(s):India;2010to2022Source(s):NRCanCHAPTER

04Non-metallicmineralsProductionvalueofcoalinIndiafromfinancialyear2015to2023(inbillionIndianrupees)CoalproductionvalueIndiaFY2015-20231,6001,4001,2001,0001,466.961,226.981,110.041,101.151,076.69975.72892.87883.82834.638006004002000FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY202323Description:Coalproductionvalueamountedtoover1,466billionIndianrupeesacrossIndiainfiscalyear2023.Coaldominatedthecountry'spowersupply,withacontributionofover70percentthroughthermalpowerplants.AccordingtotheCentralElectricityAuthorityofIndia,however,about50percentofthecountry'spowersupplywillbegeneratedbyrenewableenergysourcesbytheyear2030.

ReadmoreNote(s):India;FY2015toFY2023Source(s):MinistryofCoal(India)(CoalControllerOrganisation)ProductionvolumeofcementinIndiafromfinancialyear2008to2021withaforecastuntil2022(inmillionmetrictons)CementproductionvolumeinIndiaFY2008-2021450400350300381353329329291274273270.04255.83248.2325020015010050230.49216206.6186.9174.30FY2008

FY2009

FY2010

FY2011

FY2012

FY2013

FY2014

FY2015

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022*24Description:TheproductionofcementinIndiastartedin1889byacompanybasedinKolkata.Intheearlynineteenthcentury,theindustrystartedtakinganorganizedstanceandiscurrently,thesecondlargestproducerofcementworldwideafterChina.TheproductionvolumeofcementacrossthesouthAsiancountrywasestimatedatabout381millionmetrictonsinfinancialyear2022.Thesectorencompassesatotalofover450smallandlargecementplants.

ReadmoreNote(s):India;FY2008toFY2022;*Estimates.India'sfinancialyearbeginsinAprilandendsinMarch.Forexample,FY2020startedinApril2019andendedinMarch2020.ReadmoreSource(s):HDFCSecurities;IndiaBrandEquityFoundationProductionvolumeofdiamondsinIndiafromfinancialyear2012to2020,withanestimatefor2021(in1,000carats)DiamondproductionvolumeinIndiaFY2012-2021454039.3938.1537.5236.1136.0735.64353025201510531.9928.5318.4913.680FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021*25Description:TheproductionvolumeofdiamondsinIndiatotaledover28thousandcaratsinthefiscalyear2020.Thiswasthesecond-lowestproductionvolumeinthelastninefinancialyears.IndiaremainstheonlyAsiancountrythatminesdiamondsandthediamondminingregionlieswithinthestateofMadhyaPradesh.ReadmoreNote(s):India;FY2012toFY2020;*ProvisionalvaluefromApriltoDecember2020.India'sfinancialyearstartsinAprilandendsinMarch.Forexample,FY2020startedinApril2019andendedinMarch2020.Valueshavebeenrounded.Datafrom[...]

ReadmoreSource(s):JPC(India);MOS(India)ProductionvalueoflimestoneinIndiafromfinancialyear2012to2021,withestimatesuntil2023(inbillionIndianrupees)LimestoneproductionvalueinIndiaFY2012-202312097.3510089.5888.8986.488180604020073.8868.6768.915851.3347.9740.86FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022*FY2023*26Description:Bytheendoffinancialyear2022,thevalueofIndia'slimestoneproductionamountedtoanestimated97.4billionIndianrupees.Thisfigureisestimatedtohavedecreasedtoapproximately68.9billionIndianrupeesinfinancialyear2023.

ReadmoreNote(s):India;FY2012toFY2023;*Provisionalfigures.ThefigureforFY2023isasofNovember2022.India'sfinancialyearstartsinAprilandendsinMarch.Forexample,FY2019startedinApril2018andendedinMarch2019.OneIndianrupeeis[...]

ReadmoreSource(s):MinistryofMines(India)ProductionvolumeofmicainIndiafrom2016to2023(inmetrictons)MicaproductionvolumeIndia2016-202318,00016,00016,00014,00012,00010,0008,0006,0004,0002,000015,00015,00015,00014,00014,00014,00014,00020162017201820192020202120222023*27Description:India'sproductionofmicawasestimatedtobe14,000metrictonsin2023.Thatwasaslightdecreasecomparedtothecountry'smicaproductionin2021,whichamountedto16,000metrictons,andwasthelargestproductionyearduringtheperiodofconsideration.ReadmoreNote(s):India;2016to2023;*Estimated.ReadmoreSource(s):USGeologicalSurveyMineproductionvolumeofgypsuminIndiafrom2010to2023(in1,000metrictons)GypsummineproductionvolumeinIndia2010-20235,0004,5004,0004,3004,3004,3003,5403,5403,5003,5003,5003,0002,5002,0001,5001,0005002,7502,7002,7002,7002,7002,6501,500202002010201120122013201420152016201720182019202120222023*28Description:Indiaproducedanestimated4.3millionmetrictonsofgypsumfromminesin2023.ReadmoreNote(s):India;2010to2023;*Estimated.Thiswasassembledusingseveraleditionsofthereport.ReadmoreSource(s):USGeologicalSurveyCHAPTER

05TradeExportvalueofprocessedmineralsinIndiafromfinancialyear2016to2023(inmillionU.S.dollars)ValueofprocessedmineralsexportedfromIndiaFY2016-20231,4001,180.931,164.091,2001,026.43970.321,0008006004002000948.58898.51872.82793.34FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY202330Description:ThevalueofprocessedmineralsexportsfromIndiaamountedtoroughly1.03billionU.S.dollarsinfiscalyear2023.Thiswasadecreaseofnearly12percentincomparisontothepreviousyear,whenIndia'sprocessedmineralsexportswerevaluedatover1.16billionU.S.dollars.ReadmoreNote(s):India;FY2016toFY2023Source(s):DepartmentofCommerce(India);DGCI&SExportvalueoforesandmineralsinIndiainfinancialyear2023,bytype(inmillionU.S.dollars)ValueoforesandmineralsexportedfromIndiaFY2023,bytypeExportvalueinmillionU.S.dollars600

800

1,00002004001,2001,4001,6001,8001,797.522,000IronoreProcessedminerals1,026.42BulkmineralsandoresSulphur,unroastedironpyriteCoal,cokeandbriquittesOthercrudemineralsMica477418.08346.55288.0754.0431Description:Infinancialyear2023,India'sexportvalueofironorestoodatnearly1.8billionU.S.dollars.Thiswasfollowedbyexportsofprocessedminerals,whichwerevaluedataround1.03billionU.S.dollars.

ReadmoreNote(s):India;FY2023Source(s):DepartmentofCommerce(India);DGCI&SCHAPTER

06Companies&employmentLeadingminingandmineralcompaniesinIndiain2024,basedonrevenue(inbillionU.S.dollars)LeadingminingcompaniesinIndia2024,byrevenueRevenueinbillionU.S.dollars10

1505202530TataSteelLtdHindalcoIndustriesLtdJSWSteelLtd28.0825.9821.05VedantaLtd17.29SteelAuthorityofIndiaLtdJindalSteelandPowerLtdJindalStainlessLtdHindustanZincLtdJindalSAWLtd12.686.024.643.482.522.49NMDCLtd33Description:TataSteelLtdwasIndia'sleadingminingcompanybasedonrevenuein2024,witharevenueofaround28.1billionU.S.dollars.InsecondplacethatyearwasHindalcoIndustriesLtd,witharevenueofnearly27billionU.S.dollars.HindalcoIndustriesisasubsidiaryoftheAdityaBirlaGroupthatmanufacturescopperandaluminumusingcoalandbauxitethatitmines.ReadmoreNote(s):India;2023and2024Source(s):FinancialTimesLeadingminingandmineralcompaniesinIndiaasofOctober2023,bymarketcapitalization(inbillionU.S.dollars)LeadingminingcompaniesinIndia2023,bymarketcapitalizationMarketcapitalizationinbillionU.S.dollars024681012141615.01HindustanZincLtdHindalcoIndustriesLtd12.26VedantaLtd9.63NationalMineralDevelopmentCorporationLloydsMetalsAndEnergyLtdKIOCLLtd5.433.22.572.011.631.410.91NationalAluminiumCoLtdHindustanCopperLtdGujaratMineralDevelopmentCorporationLtdSardaEnergy&MineralsLtd34/statistics/1243324/india-leading-mining-companies-by-market-capitalizationHindustanZincwasIndia'sleadingminingcompanybasedonmarketcapitalizationasofOctober2023,withamarketcapofover15billionU.S.dollars.InsecondplacethatyearwasHindalcoIndustries,withamarketcapofnearly12.3billionU.S.dollars.ReadmoreNote(s):India;asofOctober2023Source(s):FinancialTimesLeadingminingandmineralcompaniesinIndiain2023,basedonnetincome(inmillionU.S.dollars)LeadingminingcompaniesinIndia2023,bynetincomeNetincomeinmillionU.S.dollars200

40006008001,0001,010982.21,200HindalcoIndustriesLtdHindustanZincLtdNationalMineralDevelopmentCorporationNationalAluminiumCoLtdLloydsMetalsAndEnergyLtdGujaratMineralDevelopmentCorporationLtdSardaEnergy&MineralsLtdHindustanCopperLtd697.58145.37136.13130.6972.4334.3PrakashIndustriesLtd28.4328.15MoilLtd35Description:HindalcoIndustrieswasIndia'sleadingminingcompanybasedonnetincomein2022,withanetincomeofoveronebillionU.S.dollars.HindalcoIndustriesisasubsidiaryoftheAdityaBirlaGroupthatmanufacturescopperandaluminumusingcoalandbauxitethatitmines.InsecondplacethatyearwasHindustanZinc,anintegratedIndianminingcompanythatproduceszinc,silver,lead,andcadmium,withanetincomeof982millionU.S.dollars.ReadmoreNote(s):India;2022and20