Mining of metal ores
NACE v2.0 Code: B07
About mining of metal ores
NACE code 07, 'Mining of metal ores,' encompasses the extraction of metal-bearing minerals from the earth's crust. This industry plays a crucial role in the global economy, providing the raw materials essential for manufacturing a wide range of products, from construction materials to high-tech electronics. The mining of metal ores is a capital-intensive industry that requires significant investment in exploration, extraction, and processing technologies to ensure a steady supply of these valuable resources.
Production process
The mining of metal ores typically involves a multi-stage process. First, geological surveys and exploration activities are conducted to identify potential ore deposits. Once a viable deposit is located, the ore is extracted using a variety of techniques, such as open-pit mining, underground mining, or in-situ leaching. The extracted ore is then transported to processing facilities, where it undergoes various beneficiation processes, such as crushing, grinding, and concentration, to separate the valuable metal-bearing minerals from the surrounding rock and impurities.
Production inputs
The mining of metal ores requires a range of inputs, including heavy machinery and equipment for exploration, extraction, and processing, as well as a skilled workforce with expertise in geology, mining engineering, and mineral processing. Additionally, the industry relies on a steady supply of energy, water, and other consumable materials, such as explosives, reagents, and fuels, to support its operations.
Production outputs
The primary outputs of the mining of metal ores industry are the various metal-bearing minerals, such as iron ore, copper ore, gold ore, and bauxite (the raw material for aluminum production). These outputs are then consumed by a wide range of other NACE industries, including 24 Manufacture of basic metals, 25 Manufacture of fabricated metal products, except machinery and equipment, and 26 Manufacture of computer, electronic and optical products.
Revisions to 07
Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 07. The most recent 1 version of this code (07) is in the NACE v2.1 system:
This page shows a legacy version of code 07 ( NACE v2.0).
Newer versions
- NACE v2.1 (Latest revision):
Related ISIC Codes
These isic codes are related to this econ code: (07).
ISIC code | ISIC Version | ISIC title |
---|---|---|
07 | ISIC v4.0 | Mining of metal ores |
Family tree for mining of metal ores
graph LR A["<a href='/classifications/nace/v2/B'>B: MINING AND QUARRYING</a>"] A --> B["<a href='/classifications/nace/v2/B/07'>07: Mining of metal ores</a>"] A --> C["<a href='/classifications/nace/v2/B/05'>05: Mining of coal and lignite</a>"] A --> D["<a href='/classifications/nace/v2/B/06'>06: Extraction of crude petroleum and natural gas</a>"] A --> E["<a href='/classifications/nace/v2/B/08'>08: Other mining and quarrying</a>"] A --> F["<a href='/classifications/nace/v2/B/09'>09: Mining support service activities</a>"] B --> G["<a href='/classifications/nace/v2/B/07/1'>07.1: Mining of iron ores</a>"] B --> H["<a href='/classifications/nace/v2/B/07/2'>07.2: Mining of non-ferrous metal ores</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level1 class B level2 class C level2 class D level2 class E level2 class F level2 class G level3 class H level3 class B highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class B highlight