US sand production will ramp up over the coming quarters, supported by rising prices and a robust project pipeline in response to growing demand from the oil and gas industry. Sand producers will prioritise projects in close proximity to active shale operations around the Permian basin to integrate logistics and boost cost competitiveness.
Global lead mine production growth will slowly accelerate over 2017 driven by a slight rise in prices in relation to 2016. However, during our forecast period from 2017-2021 production rates will largely stagnate due to a subdued price recovery and a weak global project pipeline. Australia and Peru will be the relative growth bright spots from 2017-2021, supported by stronger project pipelines...
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