On The Increase
Mining Weekly|September 22, 2017

Demand for good-quality metals amplifying – ARM

- Martin Creamer
On The Increase

Global climate change mitigation is amplifying the demand for good-quality, low-impurity metals, which are being rewarded with high price premiums.

There is a huge drive in China towards better quality, which will eventually use less energy and cause less pollution.

The JSE-listed African Rainbow Minerals (ARM), headed by founder and executive chairperson Patrice Motsepe, is well positioned to feed into global markets that are demanding lower pollution.

The premium for lumpy iron-ore, which was $1/t in May, is currently above the $15/t mark, and manganese that has low levels of impurity is preferred, as it lowers the cost of steelmaking.

Increased environmental controls in China and efficiency objectives at Chinese steel mills have resulted in a notable increase in premiums being paid and higher levels of crude steel production have resulted in a marked improvement in manganese ore prices.

この蚘事は Mining Weekly の September 22, 2017 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Mining Weekly の September 22, 2017 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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