About: The claim that ‘Growth in the mining sector output from US$3-4 billion six years ago to an annual output of US$14 billion’ is false. When the initial target of US$12 billion in the mining sector was set out in 2019, it was for export earnings. Under the US$12 billion mining roadmap, gold was expected to contribute US$4 billion, platinum US$3 billion while chrome, iron, steel diamonds and coal contribution was set at US$1 billion. Lithium was expected to contribute US$500 million while other minerals were targeted at US$1,5 billion. This has not been achieved. Instead, the government changed this target to include US$5,2 billion investment between 2018 and 2023; US$5,4 billion export earnings plus local consumption. So, no, the mining sector annual output has not reached $14 billion as claimed.     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:Rating, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:name
  • The claim that ‘Growth in the mining sector output from US$3-4 billion six years ago to an annual output of US$14 billion’ is false. When the initial target of US$12 billion in the mining sector was set out in 2019, it was for export earnings. Under the US$12 billion mining roadmap, gold was expected to contribute US$4 billion, platinum US$3 billion while chrome, iron, steel diamonds and coal contribution was set at US$1 billion. Lithium was expected to contribute US$500 million while other minerals were targeted at US$1,5 billion. This has not been achieved. Instead, the government changed this target to include US$5,2 billion investment between 2018 and 2023; US$5,4 billion export earnings plus local consumption. So, no, the mining sector annual output has not reached $14 billion as claimed.
schema:sameAs
schema:ratingValue
  • The claim that ‘Growth in the mining sector output from US$3-4 billion six years ago to an annual output of US$14 billion’ is false. When the initial target of US$12 billion in the mining sector was set out in 2019, it was for export earnings. Under the US$12 billion mining roadmap, gold was expected to contribute US$4 billion, platinum US$3 billion while chrome, iron, steel diamonds and coal contribution was set at US$1 billion. Lithium was expected to contribute US$500 million while other minerals were targeted at US$1,5 billion. This has not been achieved. Instead, the government changed this target to include US$5,2 billion investment between 2018 and 2023; US$5,4 billion export earnings plus local consumption. So, no, the mining sector annual output has not reached $14 billion as claimed.
schema:author
is schema:reviewRating of
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 2 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software