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Home News Finnish report examines future development of mining industry

Finnish report examines future development of mining industry

by Staff Writer
June 26, 2013
in News
Reading Time: 1 min read
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The Geological Survey of Finland (GTK) has released a report estimating the development of the mining industry in Finland from 2010 to 2020 and 2030. According to researcher Mari Tuusjärvi, the output of metal ores is expected to increase by 14% per year from 2010 to 2020. Moreover, the output of all extractive operations will double to €4 billion by 2020 and triple to €6 billion by 2030. In terms of rock materials, the growth will be more even.

The Geological Survey of Finland (GTK) has released a report estimating the development of the mining industry in Finland from 2010 to 2020 and 2030.

According to researcher Mari Tuusjärvi, the output of metal ores is expected to increase by 14% per year from 2010 to 2020. Moreover, the output of all extractive operations will double to €4 billion by 2020 and triple to €6 billion by 2030.

In terms of rock materials, the growth will be more even.

Due to the growth in the mining industry, the sector’s carbon dioxide emissions will increase. The total energy consumption in the field is expected to triple to 9,400 GWh in 2030.

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