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ResearchinChina.com Publishes New Report on Global Top 500 Mining and Metal Companies - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –Global Top 500 Mining and Metal Companies, 2010
ResearchinChina.com Publishes New Report on Global Top 500 Mining and Metal Companies

 

PRZOOM - /newswire/ - Beijing, China, 2011/04/27 - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –Global Top 500 Mining and Metal Companies, 2010.

   
 
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After the impact of international economic crisis in 2008, the global metal & mining industry has recovered from the bottom in early 2009, ever since when, the global metal price has been on the steady rise.

Fueled by the sustained growth of macro-economy and the expansion of domestic demand, China witnessed the exceedingly strong demand for major metal ore products in 2009, the mining market was continuously animated, and the mining economy transformed from weakness to renewal. Meanwhile, Chinese enterprises accelerated the M&A overseas. According to the statistics of MEG, there were 31 projects or companies priced over US$25 million among the M&A of global basic metal enterprises in 2009. Hereinto, all of the Top 3 purchasers were Chinese enterprises. In addition, the 9 acquisitions of Chinese purchasers held 40% of total resource values of the 31 M&As.

Based on the report of Global Top 500 Mining and Metal Companies in 2009, we sorted out more than 800 mining (excluding coal mine, petroleum, and natural gas) and metal related (excluding metal products) enterprises listed in over 50 major stock exchanges worldwide, downloaded their latest annual reports and financial reports, found the financial data concerning the over 800 mining and metal enterprises, and worked out the global Top 500 mining and metal enterprises in 2010 according to such indices as revenue, net income, and total assets.

The global Top 500 mining and metal enterprises in 2010 indicated the climbing strength of Chinese metal & mining enterprises. In contrast to the global Top 500 in 2009, Chinese enterprises performed powerfully in 2010 and occupied 25 positions of the global Top 100 in 2010, up 31.6% against the quantity of 19 in 2009. Besides, Australian metal & mining enterprises also made remarkable achievements in 2010 and accounted for 64 positions of the global Top 500, an increase of 56.1% from the number of 41 in 2009.

 
 
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ResearchinChina.com Publishes New Report on Global Top 500 Mining and Metal Companies

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