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.
Even the iron ore price will bottom
Iron ore fell to a record low on a spot price basis this week stopping just short of a crash through $40 a tonne. The price dropped 47% during 2014 and declines so far this year come to more than 40%....
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