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English definition of “extractive industry”

extractive industry

noun [C ]     (plural extractive industries)
PRODUCTION, NATURAL RESOURCES the people, companies, and activities involved in removing oil, metals, coal, stone, etc. from the ground: Like the other extractive industries that preceded it here, the oil industry has been enormously important in sparsely populated Alaska.
(Definition of extractive industry noun from the Cambridge Business English Dictionary © Cambridge University Press)
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