The mining and metals industry is crucial to sustaining the global population, supplying the materials necessary for constructing essential infrastructure such as roads, hospitals, vehicles, and homes. Beyond construction, these resources power the creation of computers, satellites, and countless other goods and services that people depend on daily. It is difficult to imagine a world functioning without the advancements provided by manufacturing, agriculture, and large-scale energy production—all of which rely heavily on resources extracted from the earth.
To support a single person in the United States, over 40,000 pounds of new minerals are required annually. This demand is expected to rise globally as population growth drives the need for more housing, telecommunications, transportation, electronics, and medical advancements. Minerals like limestone play a pivotal role not only in direct applications but also in enabling the extraction of other vital minerals essential for future developments.
Limestone and its derivatives, such as lime and quicklime, are integral to various mining processes. They are used in coagulation, flotation, mineral recovery, and managing waste products like tailings and acid mine drainage. These products also assist in ensuring sustainable storage practices, showcasing their versatility and importance in mining operations.
The mining and metals industry underpins the modern world by meeting the growing needs of society. Resources like limestone continue to play an indispensable role in ensuring industries thrive while addressing the demands of an expanding population.
Firering Strategic Minerals plc (LON:FRG) is an AIM-quoted mining company focused on becoming a near-term cash generating producer of Quicklime, through their Limeco Project in Zambia, whilst at the same time progressing with the exploration and development of their Atex Lithium Project, Côte d’Ivoire.
