TABLE OF CONTENTS
EXECUTIVE SUMMARY 2
MARKET OVERVIEW 7
Market definition 7
Research highlights 8
Market analysis 9
MARKET VALUE 10
MARKET SEGMENTATION I 11
MARKET SEGMENTATION II 12
FIVE FORCES ANALYSIS 13
Summary 13
Buyer power 14
Supplier power 16
New entrants 17
Substitutes 19
Rivalry 20
LEADING COMPANIES 21
Anglo American plc 21
BHP Billiton Group 27
Gerdau S.A. 32
Xstrata plc 37
MARKET FORECASTS 41
Market value forecast 41
MACROECONOMIC INDICATORS 42
APPENDIX 44
Methodology 44
Industry associations 45
Related Datamonitor research 45
Disclaimer 46
ABOUT DATAMONITOR 47
Premium Reports 47
Summary Reports 47
Datamonitor consulting 47

LIST OF TABLES
Table 1: Colombia metals & mining industry value: $ million, 2005–09 10
Table 2: Colombia metals & mining industry segmentation I:% share, by value, 2009 11
Table 3: Colombia metals & mining industry segmentation II: % share, by value, 2009 12
Table 4: Anglo American plc: key facts 21
Table 5: Anglo American plc: key financials ($) 24
Table 6: Anglo American plc: key financial ratios 25
Table 7: BHP Billiton Group: key facts 27
Table 8: BHP Billiton Group: key financials ($) 29
Table 9: BHP Billiton Group: key financial ratios 30
Table 10: Gerdau S.A.: key facts 32
Table 11: Gerdau S.A.: key financials ($) 35
Table 12: Gerdau S.A.: key financials (BRL) 35
Table 13: Gerdau S.A.: key financial ratios 35
Table 14: Xstrata plc: key facts 37
Table 15: Xstrata plc: key financials ($) 39
Table 16: Xstrata plc: key financial ratios 39
Table 17: Colombia metals & mining industry value forecast: $ million, 2009–14 41
Table 18: Colombia size of population (million), 2005–09 42
Table 19: Colombia GDP (constant 2000 prices, $ billion), 2005–09 42
Table 20: Colombia GDP (current prices, $ billion), 2005–09 42
Table 21: Colombia inflation, 2005–09 43
Table 22: Colombia consumer price index (absolute), 2005–09 43
Table 23: Colombia exchange rate, 2005–09 43

LIST OF FIGURES
Figure 1: Colombia metals & mining industry value: $ million, 2005–09 10
Figure 2: Colombia metals & mining industry segmentation I:% share, by value, 2009 11
Figure 3: Colombia metals & mining industry segmentation II: % share, by value, 2009 12
Figure 4: Forces driving competition in the metals & mining industry in Colombia, 2009 13
Figure 5: Drivers of buyer power in the metals & mining industry in Colombia, 2009 14
Figure 6: Drivers of supplier power in the metals & mining industry in Colombia, 2009 16
Figure 7: Factors influencing the likelihood of new entrants in the metals & mining industry in Colombia, 2009 17
Figure 8: Factors influencing the threat of substitutes in the metals & mining industry in Colombia, 2009 19
Figure 9: Drivers of degree of rivalry in the metals & mining industry in Colombia, 2009 20
Figure 10: Anglo American plc: revenues & profitability 25
Figure 11: Anglo American plc: assets & liabilities 26
Figure 12: BHP Billiton Group: revenues & profitability 30
Figure 13: BHP Billiton Group: assets & liabilities 31
Figure 14: Gerdau S.A.: revenues & profitability 36
Figure 15: Gerdau S.A.: assets & liabilities 36
Figure 16: Xstrata plc: revenues & profitability 40
Figure 17: Xstrata plc: assets & liabilities 40
Figure 18: Colombia metals & mining industry value forecast: $ million, 2009–14 41