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Annual Report 3 - New Mexico - Energy, Minerals and Natural ...

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<strong>New</strong> <strong>Mexico</strong> remains a<br />

leading United States<br />

mineral producer, ranking<br />

first in potash, perlite <strong>and</strong><br />

zeolite; third in copper;<br />

sixth in molybdenum; <strong>and</strong><br />

twelfth in coal production.<br />

The principal minerals,<br />

in descending order of<br />

value, are coal, potash<br />

<strong>and</strong> copper. According<br />

to the U.S. Geological<br />

Survey, <strong>New</strong> <strong>Mexico</strong><br />

ranked twentieth in 2009<br />

when ranking states by<br />

the production value of<br />

non-energy minerals.<br />

Our state produces 1.7<br />

percent of the total U.S.<br />

non-energy minerals<br />

production value.<br />

In 2009 coal reclaimed the<br />

top spot for production<br />

value <strong>and</strong> remained the<br />

leading commodity for<br />

revenue generation <strong>and</strong><br />

payroll (Figure 2). Total<br />

revenues generated by<br />

mineral production in<br />

<strong>New</strong> <strong>Mexico</strong> reached an<br />

all time high of $70.9<br />

million in 2009. The<br />

record revenue can be<br />

attributed to increased<br />

state revenues from new<br />

potash leases in Lea<br />

County.<br />

Production Value ($)<br />

100%<br />

90%<br />

80%<br />

70%<br />

60%<br />

50%<br />

40%<br />

30%<br />

20%<br />

10%<br />

0%<br />

$2,500,000,000<br />

$2,000,000,000<br />

$1,500,000,000<br />

$1,000,000,000<br />

$500,000,000<br />

$-<br />

ANNUAL REPORT 2010<br />

<strong>New</strong> <strong>Mexico</strong> Mineral Production Value <strong>and</strong> Revenue Generated, 1989 - 2009<br />

1989<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

Production Value Revenue Generated<br />

Percentage of Production Value, Employment, Payroll <strong>and</strong> Revenue by Commodity, 2009<br />

Production Value $ Employment Reclamation<br />

Employment<br />

Payroll $ Revenue Generated $<br />

$75,000,000<br />

$60,000,000<br />

$45,000,000<br />

$30,000,000<br />

$15,000,000<br />

$-<br />

Aggregates<br />

Industrial <strong>Minerals</strong><br />

Potash<br />

Revenue Generated ($)<br />

Figure 1<br />

Molybdenum & Other Metals<br />

Copper<br />

Coal<br />

Figure 2<br />

79

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