Miners line up to feed consumption lifted by expansion
By Bloomberg | China Daily | Updated: 2015-01-16 07:36
Metals demand to soar this year as Chinese demand for appliances continues to grow, reports Bloomberg.
China's move away from a heavy industrial economy has led to bear markets in everything from iron ore to coal. It has also created opportunity in the sometimes overlooked minerals that will feed its next phase of growth.
Those materials include bauxite - the ore that is used to make aluminum - and the zinc, copper, natural gas and uranium used to make or power the millions more washing machines, air conditioners and cars that China's 1.4 billion consumers are forecast to demand.
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