Mining And Quarrying Trends In The Metal And Nonmetal Industries

Recovering from low demand in 1975, raw mineral production in the United States maintained a steady climb in value and quantity throughout 1976, keeping pace with the gross national product (GNP), which increased 11.5% compared with that of 1975. The minerals industry, in the past, has met ever-increasing demand while keeping production costs to a minimum. To maintain this capability, technological research and development of more efficient processing methods must continue. The role of Government and its increasing involvement in minerals industry actions received unfavorable comment from various segments of the industry in 1976. Government pricing controls were of concern to most industrial firms marketing like products. Public land withdrawals in large blocks were of concern to the mineral industry.