#Mining Global #Raw materials market
1. The global appetite for M&M has quadrupled since 1970, faster than the population, which only doubled.
2. Human uses 13 metric tons of materials per year. Coal, O&G make 15% of the total, Metal up 10%.
In 2017, it’s estimated that humans consumed 100.6B metric tons of material in total.
3. Half of the total comprises sand, clay, gravel, and cement used for building, with other minerals mined to produce fertilizer.
1. The global appetite for M&M has quadrupled since 1970, faster than the population, which only doubled.
2. Human uses 13 metric tons of materials per year. Coal, O&G make 15% of the total, Metal up 10%.
In 2017, it’s estimated that humans consumed 100.6B metric tons of material in total.
3. Half of the total comprises sand, clay, gravel, and cement used for building, with other minerals mined to produce fertilizer.