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Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Metal prices unlikely to recover as supply grows, KPMG says

Posted on 01 November 2012

Metals and mineral prices are unlikely to recover in the next five years as new projects will add supply at a time of tepid demand, according to KPMG LLP’s global head of mining.
A decline in the growth rates of Asian economies as new projects begin production means the metals market is imbalanced, Wayne Jansen said. As a result, companies are deferring investments, he said………………………………………..Full Article: Source


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