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Saturday, October 16, 2021

All the Metals We Mined in One Visualization - Visual Capitalist

Last updated Tuesday, October 5, 2021 14:40 ET , Source: NewsService

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Metals are all around us, from our phones and cars to our homes and office buildings.

While we often overlook the presence of these raw materials, they are an essential part of the modern economy. But obtaining these materials can be a complex process that involves mining, refining, and then converting them into usable forms.

So, how much metal gets mined in a year?

Metals vs Ores

Before digging into the numbers, it’s important that we distinguish between ores and metals.

Ores are naturally occurring rocks that contain metals and metal compounds. Metals are the valuable parts of ores that can be extracted by separating and removing the waste rock. As a result, ore production is typically much higher than the actual metal content of the ore. For example, miners produced 298,000 tonnes of niobium and tantalum ore concentrates in 2019, but the actual metal content was only 84,000 tonnes.

Here are all the metals and metal ores mined in 2019, according to the British Geological Survey:

Miners produced roughly three billion tonnes of iron ore in 2019, representing close to 94% of all mined metals. The primary use of all this iron is to make steel. In fact, 98% of iron ore goes into steelmaking, with the rest fulfilling various other applications.

Industrial and technology metals made up the other 6% of all mined metals...



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