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Zinc or swim: Do base metals have a future?

Posted on 09 January 2014

There are several long-term issues that impacted copper and the other base metal spaces in 2013, and those long-term issues will persist for the foreseeable future. Allow me to explain the basics via a few examples:
Indonesia recently stopped the export of intermediary products, such as pig iron nickel. The country’s leadership is increasingly practicing resource nationalism by restricting mining firms to in-house processing and to shipping only finished products. It is also unsettling that Intrepid Mines Ltd. lost control of its project this year to an Indonesian partner!……………………………………….Full Article: Source


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This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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