BMI View: We expect the Japanese mining industry to reach US$3.59bn in value by 2017, an annual average decline of 1.7% a year from 2012 levels. We expect the Japanese mining sector to decline by 1.7% a year between 2013 and 2017. Japan has practically little to no mineral resources, hence our view of slow growth for the industry. That said, the country has some production potential in industrial minerals, such as dolomite, silica sands, silica stone and limestone. Of note is the country’s 40.4 billion tonnes (bnt) of limestone reserves. Japan is also a very minor gold producer with …
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