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Impact Of The Phosphate Industry In South Africa

impact of phosphate industry on south africa economy

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The mining industry of South Africa, one of the best developed in the world, forms a crucial part of South Africa’s economy. Sales of minerals and mineral products contribute about 16% of the GDP. The mining sector directly employs approximately 550,000 people. Indirectly, the mining sector involves many more people.

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Economy of South Africa - Wikipedia

In 2008, South Africa's estimated share of world platinum production amounted to 77%; kyanite and other materials, 55%; chromium, 45%; palladium, 39%; vermiculite, 39%; vanadium, 38%; zirconium, 30%; manganese, 21%; rutile, 20%; ilmenite, 19%; gold, 11%; fluorspar, 6%; aluminium, 2%; antimony, 2%; iron ore, 2%; nickel, 2%; and …

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