Numbers
Mining and the Russian invasion of Ukraine Russian share of global metals and minerals production 2021 (est.)
Russia is a top 10 producer of nearly all major base metals.
1st 3rd 5th 6th
Source: GlobalData Nickel
On March 8, 2022, nickel prices soared to $100,000/t, which doubled from the previous day’s closing.
2.4m
In 2021, total nickel production around the world was 2.4 million tonnes with an increase of
6.8% from the previous year. Source: GlobalData
Coal
Russian coal exports reached 210.7 million metric tons in 2021.
Source: Statista
Coal-fired power currently accounts for around 14% of Europe’s generation mix.
Russian high-quality exports meet 10% of European coal- fired plant demand.
Russian coal accounts for roughly 30% of European metallurgical coal imports and over 60% of European thermal coal imports.
Source: Wood Mackenzie Source: Wood Mackenzie
in global production of palladium
in global production of nickel
in global production of iron ore
in global production of coal
Palladium Diamond Platinum Gold Nickel Uranium Coal Silver
Iron ore Lead Cobalt Copper Zinc
Chromium Bauxite
1% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 43% 31% 10%
9% 8%
6%
5% 5% 5% 5% 4%
3% 3%
2%
Ukraine’s share of global metals and minerals production 2021 (est.)
Uranium Coal
Iron ore Graphite
1% 0.3% 3% 1.7%
6
World Mining Frontiers /
www.nsenergybusiness.com
Image and icons supplied by various sources @
Shutterstock.com
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