Industry Analysis & Industry Trends
This industry has displayed a long-term downward trend in production and revenue since the late 1980s, due to steady growth in import penetration, subdued export demand, and weak demand in many downstream industrial and agricultural markets. Those who wish to see any success in this industry with a slowly growing revenue will need the ability to expand and curtail operations rapidly in line with market demand and have downstream ownership links... purchase to read more
Industry Report - Industry Products Chapter
The Mineral and Phosphate Mining industry produces a wide variety of nonmetallic minerals which are processed for applications in the fertilizer, chemicals, pharmaceuticals, building materials and general manufacturing industries (e.g. glass, ceramics, soaps and detergents).
The phosphate rock mining segment generates about 30.0% of total industry revenue. More than 95.0% of the phosphate rock ore mined in the United States is used to manufacture wet-process phosphoric acid and superphosphoric acid. These products are used as intermediate feedstocks in the manufacture of granular and liquid ammonium phosphate fertilizers and animal feed supplements... purchase to read more