New Market Research Report: South Korea Mining Report Q2 2011

Recently published research from Business Monitor International, "South Korea Mining Report Q2 2011", is now available at Fast Market Research
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* Zinc
* Steel
* Mining
* Copper
* Resources
* Coal
* Reserves
* Natural
* Iron
* Processing

* Industrial
* Manufacturing
* Energy

* Massachusetts - US

June 1, 2011 - PRLog -- South Korea has small reserves of antimony, gold, copper, iron ore, lead, molybdenum, silver, tin, tungsten and zinc. The country's domestic coal reserves have been exhausted, although it holds reasonable quantities of non-metallic minerals such as kaolin, limestone, feldspar, quartzite and mica. South Korea is one of the world's leading steel producers and a leading producer of cadmium and slab zinc. Due to the country's limited mineral reserves, supply has been unable to meet demand from the country's industrial sector.

As such, South Korea is an overall net importer of mineral commodities and one of the region's main importers of coal, natural gas, nickel oxide sinter and ores and concentrates of copper, iron, lead and zinc. The current focus is on overseas exploration as the country seeks to secure supplies of raw materials to power its industrial base.

South Korea's mining and refining sectors could be boosted by events in Japan. In the short term, South Korean companies such as Korea Zinc are likely to benefit from greater demand for lead, as consumers resort to battery power for energy supplies. Looking further ahead, reconstruction efforts in Japan are likely to increase demand for South Korean steel and copper. That said, demand for uranium may be dampened by concern over safety following the earthquake.

Full Report Details at

Regulatory Environment

South Korean law mandates that all land and resources come under the purview of the state, with the government determining the issuance of mining and processing licences. Given the country's small holdings of natural resources, activities are mostly focused on the processing of imported raw materials. Most of South Korea's large coal mining, natural gas, petrochemical and petroleum refining companies are state-owned and come under the supervision of the Ministry of Commerce, Industry and Energy (MCIE). Other small, mid-sized mining, quarrying and metal processing companies are privately-owned and operated.

Key Players

South Korea's mining industry is dominated by the country's largest and the world's third largest steelmaker Pohang Iron and Steel Company (POSCO), and state-owned entities Korea Zinc and Korea Resources (Kores). Other major players in the country's key steel sector include Hyundai Steel and Dongkuk Steel. Korea Zinc is South Korea's leading lead and zinc producer, covering 46% and 68% of domestic lead and zinc production respectively. Poongsan Corp is South Korea's leading nonferrous metals producer, while LS-Nikko Copper is the country's main copper producer.

Report Table of Contents:

SWOT Analysis
- South Korea Political SWOT
- South Korea Economic SWOT
- South Korea Business Environment SWOT
Global Mining Outlook
- Elevated Prices Leads To Frontier Mining & Government Regulation
- Frontier Mining Facing Infrastructure Concerns
- Table: Main Frontier Mining Projects
- Reduction in Output Forecasts
- Table: Lower Grades At Key Mines
- Uranium Demand To Continue Despite Japan Disaster
- Table: Uranium Developments
- Table: Regulatory Issues
- Table: Other Developments
Industry Trends And Developments
- Table: South Korea Mining Industry, 2008-2015
Industry Forecast
- Steel: Strong Growth Ahead
- Table: Steel Production, 2008-2015
- Nickel: Demand Will Continue To Outstrip Supply
- Copper: Stagnant Growth Prompts Aggressive Efforts To Secure Overseas Supplies
- Table: Copper Production, 2008-2015
- Uranium: Production Set To Grow Over Long Term
- Lead & Zinc: Production To Grow Steadily
- Table: Lead & Zinc Production, 2008-2015
Regulatory Development
Business Environment
- Asia Mining Business Environment Ratings
- Asia Pacific Mining Risk/Reward Ratings - Q311
- Australia: Tops Again Despite Coal Problems, Rosy Outlook Ahead
- China: Continues To Do Well As Restructuring Goes On
- Indonesia: Proving To Be Asia's 'Next Big Thing'
- India: Ratings Improve Slightly, But Could Still Slide
- Philippines: Slow Rise Ensures It Remains Rooted, But Great Long-Term Potential
Political Outlook
- Domestic Politics
Economic Outlook
- Table: South Korea - Economic Activity, 2008-2015
Competitive Landscape
Company Monitor
- Pohang Iron And Steel Company (POSCO)
- Korea Resources
- Korea Zinc
Commodities Forecasts
- Metals Update
- Aluminium
- Copper
- Lead
- Nickel
- Tin
- Zinc
- Gold
Global Assumptions
- Table: Global Assumptions, 2009-2015
- Table: Regional Real GDP Growth, 2010-2013 (% change y-o-y)
- Table: Selected Exchange Rates, 2010-2013 (average)
- Developed States
- Table: Developed States' GDP Growth, 2010-2013 (% change y-o-y)
- Emerging Markets
- Table: Emerging Market's GDP Growth, 2010-2013 (% change y-o-y)
- Consensus Forecasts
- Table: Consensus Forecasts, 2011 And 2012
Country Snapshot: South Korea Demographic Data
- Section 1: Population
- Table: Demographic Indicators, 2005-2030
- Table: Rural/Urban Breakdown, 2005-2030
- Section 2: Education And Healthcare
- Table: Education, 2002-2005
- Table: Vital Statistics, 2005-2030
- Section 3: Labour Market And Spending Power
- Table: Employment Indicators, 2001-2006
- Table: Consumer Expenditure, 2000-2012 (US$)
- Table: Average Annual Wages, 2000-2012
Business Environment Ratings Methodology
- Table: Mining Business Environment Indicators
- Table: Weighting Of Components

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.  BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports.  Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.  View more research from Business Monitor International at

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
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Tags:Zinc, Steel, Mining, Copper, Resources, Coal, Reserves, Natural, Iron, Processing
Industry:Industrial, Manufacturing, Energy
Location:Massachusetts - United States
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