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Mineral Councils of Australia urges continuing investment in mining ahead of recovery

Posted on 26 February 2009

From marketwatch.com: Investment in mining projects should not be derailed or slowed in response to the current slump in demand if the global market is to avoid sharp price increases in future, a senior industry official said.

Demand for minerals will soon exceed supply, and the ability to address capacity constraints will be the new determinant of economic competitiveness, Mitch Hooke, chief executive officer of the Mineral Councils of Australia, told an industry conference. …. Full Article: Source


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