03.08.2012 - Near-term weak but long-term trending to strong commodities demand
There is near-term weakness in the mining business but the future points to trillions of dollars worth of growth. Tough short-term demand conditions do confront the industry, but long-term demand and supply scenarios continue to point to the modern world being mining’s oyster. Projections to 2025 point to cities around the world constructing the equivalent of the entire land area of Austria – 80 000 km2 – in residential and commercial floor space, which will require $80-trillion worth of investment...............................................Full Article: Source
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