The global outlook for metals and mining

The underlying dynamic of increased demand without increased production remains the primary reason for the recent sharp increase in global metal prices.

The global economy keeps chugging ahead and, with it, so does demand for nickel, copper, iron ore, bauxite, and other metals. Although financial market speculation drives some of the day-to-day volatility in metal prices, the underlying dynamic of increased demand without increased production remains the primary reason for the recent sharp increase in prices. This combination of strong demand and weak supply has strengthened the credit quality of mining and metal companies around the world, and we don't foresee any...

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