Major Group SIC 5052 - Coal And Other Minerals And Ores

SIC 5052 - Coal And Other Minerals And Ores

SIC 50 - Wholesale Trade-durable Goods
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 505 - Metals And Minerals, Except Petroleum
  SIC 501 - Motor Vehicles And Motor Vehicle Parts And Supplies SIC 502 - Furniture And Home Furnishings SIC 503 - Lumber And Other Construction Materials SIC 504 - Professional And Commercial Equipment And Supplies SIC 505 - Metals And Minerals, Except Petroleum SIC 506 - Electrical Goods SIC 507 - Hardware, And Plumbing And Heating Equipment And Supplies SIC 508 - Machinery, Equipment, And Supplies SIC 509 - Miscellaneous Durable Goods
  - SIC 5052 - Coal And Other Minerals And Ores
    SIC 5051 - Metals Service Centers And Offices SIC 5052 - Coal And Other Minerals And Ores

Establishments primarily engaged in the wholesale distribution of coal and coke; copper, iron, lead, and other metallic ores, including precious metal ores; and crude nonmetallic minerals (including concentrates), except crude petroleum. Establishments primarily engaged in the wholesale distribution of nonmetallic minerals used in construction, such as sand and gravel, are included in Industry 5032.

Industry trends:

The coal and other minerals and ores industry (NAICS 5052) is undergoing significant changes, influenced by global economic trends, regulatory shifts, and advancements in technology. One of the notable qualitative trends is the increasing emphasis on sustainability and environmental responsibility. Companies are investing in cleaner technologies and more efficient extraction methods to reduce their carbon footprint and comply with stricter environmental regulations.

Additionally, there's a rising demand for critical minerals, essential for the production of high-tech devices, batteries, and renewable energy infrastructure. This surge is driven by the ongoing transition to a low-carbon economy, highlighting the importance of securing a stable supply of these minerals.

In terms of market dynamics, consolidation is becoming more common as larger companies acquire smaller firms to optimize resource use and increase operational efficiency. This trend is expected to continue, leading to a more concentrated industry landscape in the near future.

Looking ahead, forecasts suggest a moderate growth in demand for minerals critical to technology and renewable energy sectors. However, coal demand is anticipated to decline gradually due to the shift towards cleaner energy sources. Companies that adapt to these changes by diversifying their portfolios and incorporating sustainable practices are likely to maintain a competitive edge in the evolving market.

This industry is comprised of:

Coal-wholesale

Coke-wholesale

Copper ore-wholesale

Gold ore-wholesale

Iron ore-wholesale

Lead ore-wholesale

Metallic concentrates-wholesale

Metallic ores-wholesale

Nonmetallic minerals and concentrates crude: except

Silver ore-wholesale

Zinc ore-wholesale

Explore related industries:

SIC 1099 - Miscellaneous Metal Ores, Not Elsewhere Classified SIC 1499 - Miscellaneous Nonmetallic Minerals, Except Fuels SIC 3295 - Minerals And Earths, Ground Or Otherwise Treated

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