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Minerals in the national economy<br />
The economic importance of individual industries, including the extractive industries, to the national economy is measured by their<br />
contribution of gross value added (GVA). The GVA of the minerals extractive industries as a whole is included in national accounts<br />
under the heading ‘Mining and quarrying’, which includes the extraction of oil and gas. The GVA for ‘Mining and quarrying’ was<br />
£29 849 million in 2004, or 2.9 per cent of national GVA. The extraction of oil and gas accounted for £27 449 million of the total for<br />
the extractive industries, the mining of coal £354 million, and other mining and quarrying £2046 million.<br />
The estimated total value of minerals produced in 2004 in the UK, expressed as sales on an ex-works basis as opposed to gross<br />
valued added, was £25 204 million, a very small decrease on 2003.<br />
uK: value of mineral production, 2002–2004 £ million<br />
2002 2003 2004<br />
Oil and natural gas liquids 14 523 14 470 14 461<br />
Natural gas 8 199 7 554 7 115<br />
Coal 889 794 800<br />
Aggregates 1 648 1 698 1 794<br />
Other construction minerals 227 268 311<br />
Industrial minerals 609 657 722<br />
Metalliferous minerals