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The mining industry relates to extracting various minerals and metals from the ground, either on the surface of the Earth or underground. Extracted gold and silver are commonly used to make jewelry or other precious goods. Numerous metals and minerals are also crucial in the production of various products you cannot imagine your life without.
The petrochemicals industry sources raw materials from refining and gas-processing and converts these raw materials into valuable products using a variety of chemical process technologies. A variety of feedstocks are used as raw materials, the industry driver being economic.
Steel is crucial to the development of any modern economy and is considered to be the backbone of human civilisation. The level of per capital consumption of steel is treated as one of the important indices of the level of socio-economic development and living standard of the people in any country. It is a product of a large and technologically complex industry having strong forward and backward linkages in terms of material flows and income generation.