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Economy of Arcerion: Difference between revisions
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As of 2028, Arcerion was the largest producer in Crona of iron ore, bauxite, zinc, and cobalt. Recent discoveries of uranium deposits in the Northumbraeland Mountains have led to an increased mining industry in the Northern portions of Northlea Governorate. Arcerion has smaller mining industries cenetered around nickle, phosphate and certain gemstones (usually found in the [[Innis River Basin]]). Arcerion is also the largest coal exporter in Crona, as its Aileach Mountain mines have produced over 400 million tons annually since the mid-1900s. | As of 2028, Arcerion was the largest producer in Crona of iron ore, bauxite, zinc, and cobalt. Recent discoveries of uranium deposits in the Northumbraeland Mountains have led to an increased mining industry in the Northern portions of Northlea Governorate. Arcerion has smaller mining industries cenetered around nickle, phosphate and certain gemstones (usually found in the [[Innis River Basin]]). Arcerion is also the largest coal exporter in Crona, as its Aileach Mountain mines have produced over 400 million tons annually since the mid-1900s. | ||
In 2026, the mining industry in Arcerion was valued at ₤700 billion billion Arcer Pounds. Megacorporations such as Arcerion Steel Company or the Aileach Mining Group remain the highest proponents of this sector. it accounts for a significant portion of the jobs in Moorden and Northlea Governorates, where the two mountain ranges that are most mined are located. The primary mines are located in vicinity of [[Easthampton]], Arcerion's easternmost town. Arcer iron ore is primarily exported to Sarpedon, which differs from coal which is imported heavily by Audonia and Alshar. Coal accounts for a shrinking percentage of [[Energy in Arcerion|Arcer power generation]] with the construction of new nuclear power plants and renewable energy sources. Arcerion remains Crona's leading coal exporter, despite a League of Nations mandate to combat climate change and global warming through investment in renewable energy sources and divestment of fossil fuels. | In 2026, the mining industry in Arcerion was valued at ₤700 billion billion Arcer Pounds. Megacorporations such as Arcerion Steel Company or the Aileach Mining Group remain the highest proponents of this sector. it accounts for a significant portion of the jobs in Moorden and Northlea Governorates, where the two mountain ranges that are most mined are located. The primary mines are located in vicinity of [[Easthampton]], Arcerion's easternmost town. Arcer iron ore is primarily exported to Sarpedon, which differs from coal which is imported heavily by Audonia and Alshar. Coal accounts for a shrinking percentage of [[Energy in Arcerion|Arcer power generation]] with the construction of new nuclear power plants and renewable energy sources. Arcerion remains Crona's leading coal exporter, despite a League of Nations mandate to combat climate change and global warming through investment in renewable energy sources and divestment of fossil fuels. | ||
The Australian mining corporations Rio Tinto Group and BHP are among the largest in the world. Moorden Mining and Aileach Mining remain two of the largest companies in the Southeastern Cronan Peninsula, with a combined total of ~250,000 employees globally. | The Australian mining corporations Rio Tinto Group and BHP are among the largest in the world. Moorden Mining and Aileach Mining remain two of the largest companies in the Southeastern Cronan Peninsula, with a combined total of ~250,000 employees globally. | ||
[[File:Easthampton steel.jpg|thumb|A steelworks in Easthampton, Arcerion. ]] | [[File:Easthampton steel.jpg|thumb|A steelworks in Easthampton, Arcerion. ]] | ||
==== Manufacturing ==== | ==== Manufacturing ==== | ||
Arcerion manufacturing has remained a smaller part of the national GDP due to the ease of ability to import finished products from Levantia through the high volume of Burgoignesc-flagged merchantmen during the 1800s and early 1900s. However Arcer industry has remained on pace with other Occidental counterparts in Crona, but has seen a significant boom with the creation of an arms industry in the 1980s for modern aircraft and weapons systems. Companies such as [[Aeroco]] and [[MacDonnell Thommen Dynamics]] have increased their global market share and the consistent rise of sales by these companies have helped to lift the Arcer manufacturing sector as a middle industry in the national economy to a burgeoning one. | Arcerion manufacturing has remained a smaller part of the national GDP due to the ease of ability to import finished products from Levantia through the high volume of Burgoignesc-flagged merchantmen during the 1800s and early 1900s. However Arcer industry has remained on pace with other Occidental counterparts in Crona, but has seen a significant boom with the creation of an arms industry in the 1980s for modern aircraft and weapons systems. Companies such as [[Aeroco]] and [[MacDonnell Thommen Dynamics]] have increased their global market share and the consistent rise of sales by these companies have helped to lift the Arcer manufacturing sector as a middle industry in the national economy to a burgeoning one. | ||
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==== Tourism ==== | ==== Tourism ==== | ||
== International Trade == | == International Trade == | ||
[[File:Trade Graphic.png|thumb|Arco Trade Flow by Continent. ]] | |||