Over 60% of critical minerals demand met through global trade: IEF
The IEF report predicts global demand for copper, nickel, cobalt, lithium and rare earths rising from 28 million tonnes in 2021 to nearly 41 million by 2040.
India joins iron ore output surge
China already consumes more than two-thirds of the 1.2 billion seaborne trade, a proportion that continues to rise. The price of iron ore, down nearly 50% this year, slid to a fresh 2009 low on Wednesday after worries about Chinese demand...
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