Published on 6 May 2024 on Insider Monkey via Yahoo Finance
In this article, we discuss the 25 richest billionaires in metals and mining industry. To skip the detailed analysis of the metals and mining industry, go directly to the 5 Richest Billionaires in Metals and Mining Industry.
Global Metals and Mining Industry Outlook
The global metals and mining industry holds a lot of value due to the significance of some precious earth metals and minerals. According to a report by The Business Research Company, the global metals and mining market size was valued at $7.91 trillion in 2023 and is expected to reach $8.37 trillion in 2024, growing at a compound annual growth rate of 5.8%. The market size is anticipated to see strong growth in the next few years. It is projected to grow to $10.19 trillion by 2028, growing at a compound annual growth rate of 5%.