Global economic and population growth drive increased demand for mining products and services from Canada including metals, coal and mining expertise. This is creating mining export opportunities for British Columbia suppliers.
With a wealth of natural resources, reputation as a global centre for mining, and technological expertise, British Columbia is poised to meet this growing demand. The potential reward for British Columbia companies servicing this demand is significant.
The province’s Pacific Rim location provides one of the shortest shipping routes to Asia, a market that is experiencing exceptional growth.
Watch this short video on British Columbia’s Mining advantages.
China, Japan, South Korea, India and Europe are significant users of raw mine products, and British Columbia is a reliable exporter of the products they need.
With its growing economy and prominence as a manufacturing centre, China requires a huge volume of natural resources. In addition to its domestic supply, China looks to other markets for raw materials such as coal and metals.
China also may seek the services that the British Columbia mining, supplier and support industry can offer.
Learn more about British Columbia’s export opportunities in China.
Japan is almost completely reliant on imports for its mined raw materials, and British Columbia is a key supplier.
Learn more about British Columbia’s export opportunities in Japan.
Highly dependent on raw material imports, South Korea is an important market for natural resources from British Columbia. Korea is the world’s third-largest importer of coal, and almost 90 per cent of their demand from Canada comes from British Columbia. Going forward, Korea’s growing economy will fuel demand for more energy resources and mean an even larger dependence on imports of both mining products and services.
Under the Canada Korea Free Trade Agreement, which came into force in January 2015, 98.7 percent of tariff lines on metals and minerals are duty free, further enhancing Canada and British Columbia as a supplier of choice for mining products.
Learn more about British Columbia’s export opportunities in South Korea.
British Columbia's globally recognized expertise in mineral exploration could be a tremendous asset to India’s developing mining. There is particular need in India mine audit, quantity audit, environmental audit, feasibility studies, mine design, mine optimization, and geotechnical feasibility study work.
Learn more about British Columbia’s export opportunities in India.
Europe presents substantial opportunities for export growth . British Columbia’s exports to Europe are dominated by natural resource products, with a very significant proportion of these being mine products, particularly coal and metallic mineral products.
The potential in coal is largely due to Europe’s position as an important coal importing market . Another excellent opportunity is with molybdenum, an important raw material used in the machine manufacturing, steel making and construction sectors throughout Europe.
Learn more about British Columbia’s export opportunities in Europe.
With their growing economies, countries in Southeast Asia require large volumes of minerals. Indonesia and the Philippines have mineral resources, but all ASEAN countries look to international suppliers, both for mineral imports and for services such as mining, metallurgy, environmental engineering, mine safety and geoscience.
Growing regional and international demand for minerals from Indonesia, including coal, nickel and bauxite, are leading to rapid expansion and a need for a wide range of services. The Philippines is one of the world’s most highly mineralized countries, but faces many challenges in developing its resources. As foreign investment grows, the sector will need equipment and services from international suppliers.
British Columbia is internationally recognized as a centre of expertise in the mining industry, and can build on our existing relationships to supply both minerals and mining expertise to the region.
Learn more about British Columbia's export opportunities in Southeast Asia.