HI5003 Economic Business Report: Mining Industry Analysis

This economic business report provides a comprehensive analysis of the mining industry, focusing on companies like Vale SA and BHP Billiton. The report begins with an introduction to the industry, discussing its historical context and importance. It then delves into company-specific details, including industry background, ownership structure, and market structure, highlighting the monopolistic competitive nature of the market. A SWOT analysis of BHP Billiton is presented, examining its strengths, weaknesses, opportunities, and threats. The report further explores factors influencing demand and supply, such as industrial construction, urbanization, and the price of iron ore. It also analyzes recent events impacting the industry, elasticity impacts, and concludes with a five-year strategy for the company. The report uses the case study of Vale SA to illustrate key economic concepts and factors affecting the industry's performance, and the impact of global events and policies.