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The Best and Brightest CEOs in Mining

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CEO's in Mining

The Best and Brightest CEOs in Mining

 
Working in the mining industry is tough, and being at the top is even harder. CEOs in mining have their work cut out for them. Environmentalists lobbying against them, cyclical downturns, the extremely risky nature of the business, and more are all the thorns in the side of a typical mining CEO.

It’s not all bad being at the top. As the infographic suggests, the CEOs are compensated handsomely, some even making eight digits. It’s worth noting that the majority of the big earners’ income is derived from stock options and other financial incentives.

Unfortunately, there is a major gender gap in the industry. Only two of the 125 CEOs are women. The typical CEO is in his mid fifties, has a science degree and was previously in a management role.

 

Original infographic from: Mine Staffing International 

 

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Mining

Visualizing Raw Steel Production in 2023

China produces more than half the world’s steel.

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Voronoi graphic showing top raw steel producers in 2023.

Visualizing Raw Steel Production in 2023

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Steel is essential for the economy due to its crucial role in infrastructure, construction, manufacturing, and transportation sectors.

This graphic breaks down the estimated global production of raw steel in 2023. The data was sourced from the U.S. Geological Survey as of January 2024.

China Produces More Than Half the World’s Steel

One major issue facing the steel industry is overcapacity in top producer China.

Steel production in China has surpassed demand in recent years, leading to downward pressure on the profit margins of steel mills worldwide.

Historically, China’s troubled real estate sector has accounted for over one-third of the country’s steel consumption. To address this issue, the Chinese government has mandated steel production cuts since 2021.

Far behind China, India is the second-biggest producer of steel, followed by Japan.

CountryRegion2023 Production (million tonnes)
🇨🇳 ChinaAsia1,000
🇮🇳 IndiaAsia140
🇯🇵 JapanAsia87
🇺🇸 U.S.North America80
🇷🇺 RussiaEurope75
🇰🇷 S. KoreaAsia68
🌍 Rest of World420
Total1,870

Infinite Recyclability

Steel is an alloy primarily composed of iron ore containing less than 2% carbon, 1% manganese, and other trace elements. It is 1,000 times stronger than iron and can be recycled over and over without sacrificing quality.

Steel is widely used in various industries. It is a fundamental material in construction, providing support through beams, internal structures, and roofing.

Moreover, steel’s corrosion-resistant properties make it ideal for water infrastructure. Stainless steel pipes are the preferred choice for underground water systems, ensuring longevity and purity in water transportation.

Additionally, most canned foods are stored in steel containers for preservation, as steel does not rust.

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