Year-to-date demand is 9% lower, with the doubling of central bank buying and 50% growth in jewellery demand over the first three quarters only partly offset the decline in ETF demand.
Producers of coal, gold, nickel, emeralds, copper and industrial minerals in the country will adopt a set of indicators to measure and publicly report on the quality of its management systems.
There is currently a solid global project pipeline, due to the rise in cobalt prices and the expected demand boom amidst battery manufacturing projects, Fitch writes.