MINING IN HUNGARY

The country’s only significant mineral resources are manganese, in the Bakony Mountains, and the undeveloped copper and zinc resources at Recsk. Extraction of various metal-bearing ores increased significantly in post-war Hungary, but iron ore is no longer mined. Other minerals that are found include mercury, lead, uranium, perlite, molybdenum, diatomite, kaolin, bentonite, zeolite, and dolomite.

The mining sector of Hungary is small-scale and does not play a significant role in the country’s economy. Currently, the labour market is seeing a transition towards a focus on high-skill employment. This shift coincides with a change in the greater economy of Hungary; from mining and heavy industry to value-added production that feeds into the global supply chain.

Mining production in Hungary decreased 26.2 per cent in February of 2023 over the same month in the previous year.