Raw Materials and Global Mining Industry Dynamics
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Understanding Raw Materials and Feedstocks
A raw material or feedstock is the basic material from which a good product is manufactured or made, frequently used with an extended meaning. For example, the term is used to denote material that came from nature and is in an unprocessed or minimally processed state; e.g., raw latex, iron ore, logs, crude oil, or seawater. The use of raw material by non-human species includes twigs and found objects as used by birds to make nests.
The Global Mining Industry Landscape
Mining exists in many countries. London is known as the capital of global "mining houses" such as Rio Tinto Group, BHP Billiton, and Anglo American PLC. The US mining industry is also large, but it is dominated by coal and non-metal minerals,