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• Create Date March 19, 2024
• Last Updated March 19, 2024

Mining Production of Building Materials January 2024

Mining production of building materials experienced a difficult 2023, with production down 6 percent in 2023. The rate of decline accelerated during the 2nd half of 2023, and this momentum was carried through to January, with production down 10.6 percent y-y (not seasonally adjusted). By comparison mining production (excluding gold), although also performing poorly, the rate of decline was softer at 1.6 percent in 2023, and a decline of 1.8 percent in January 2024. The mining of building materials is therefore significantly under performing against the overall mining sector.

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