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Mining is a Crucial Industry for Manitoba

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Mining is a Crucial Industry for Manitoba

Mining is a Crucial Industry for Manitoba

Presented by: Mining Association of Manitoba

Mining in Manitoba had humble beginnings. Settlers of the province needed non-metallic raw materials, and began to extract salt from brine springs and stone locally for building materials.

However, the mining industry has changed dramatically since those days. Communities such as Thompson, Flin Flon, Snow Lake, Lynn Lake, Leaf Rapids, Bissett, and Lac du Bonnet were built on great mining deposits.

Today the mining industry is one of the most important sources of wealth in the province, consisting of 6% of the Gross Provincial Product. $1.3 billion of minerals were produced in 2013, and the workforce is approximately 3,200 people.

In terms of size, mining is the fourth largest primary industry in the province behind agriculture, hydro, and oil production.

Mining provides some of the safest and highest paying jobs in Manitoba. In terms of safety (lost time accidents) mining has dramatically improved over the years. In fact, mining boasted fewer cases of time loss injuries compared to other industry sectors such as agriculture, transportation, construction, manufacturing, and trade.

Salaries are also very high in mining compared to other industrial sectors. For example, the average salary in mining in Manitoba is $90,000, while other sectors took home between $55,000 and $60,000 on average.

In 2014, Manitoba produced 11.8% of Canada’s nickel, 5.5% of Canada’s copper, 2.4% of Canada’s gold, 5.7% of Canada’s silver, and 23.6% of Canada’s zinc.

Yet, only 1.4% of the country’s mineral exploration expenditures are in the province.

 

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Batteries

Ranked: The World’s Largest Lithium Producers in 2023

Three countries account for almost 90% of the lithium produced in the world.

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Voronoi graphic showing the top lithium producers in 2023.

The World’s Largest Lithium Producers 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.

Three countries—Australia, Chile, and China—accounted for 88% of lithium production in 2023.

In this graphic, we list the world’s leading countries in terms of lithium production. These figures come from the latest USGS publication on lithium statistics (published Jan 2024).

Australia Leads, China Approaches Chile

Australia, the world’s leading producer, extracts lithium directly from hard-rock mines, specifically from the mineral spodumene.

The country saw a big jump in output over the last decade. In 2013, Australia produced 13,000 metric tons of lithium, compared to 86,000 metric tons in 2023.

RankCountryLithium production 2023E (metric tons)
1🇦🇺 Australia86,000
2🇨🇱 Chile44,000
3🇨🇳 China33,000
4🇦🇷 Argentina9,600
5🇧🇷 Brazil4,900
6🇨🇦 Canada3,400
7🇿🇼 Zimbabwe3,400
8🇵🇹 Portugal380
🌍 World Total184,680

Chile is second in rank but with more modest growth. Chilean production rose from 13,500 tonnes in 2013 to 44,000 metric tons in 2023. Contrary to Australia, the South American country extracts lithium from brine.

China, which also produces lithium from brine, has been approaching Chile over the years. The country increased its domestic production from 4,000 metric tons in 2013 to 33,000 last year.

Chinese companies have also increased their ownership shares in lithium producers around the globe; three Chinese companies are also among the top lithium mining companies. The biggest, Tianqi Lithium, has a significant stake in Greenbushes, the world’s biggest hard-rock lithium mine in Australia.

Argentina, the fourth country on our list, more than tripled its production over the last decade and has received investments from other countries to increase its output.

With all the top producers increasing output to cover the demand from the clean energy industry, especially for electric vehicle (EV) batteries, the lithium market has seen a surplus recently, which caused prices to collapse by more than 80% from a late-2022 record high.

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