June 14, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Players in the U.S. mining sector are seeing stronger demand for minerals used in the development of infrastructure and energy projects, and are responding with new capacity.
Industrial Info is tracking more than $3.2 billion worth of capital-spending projects at mines across the U.S. that are slated to kick off in the third quarter, more than $2.7 billion of which is believed by Industrial Info to have a medium-to-high likelihood (70% or more) of beginning construction as planned.
Companies involved include Warrior Met Coal Incorporated (NYSE:HCC), Coronado Global Resources Incorporated, Lundin Mining Corporation and Sabre Gold Mines Corporation.
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