Iron-Ore 2022: Mixed fortunes South African Mineral Resources and
Description
South African Mineral Resources and Energy Minister Gwede Mantashe highlighted at the ‘Investing in African Mining Indaba 2022’ conference in May 2022
published in November 2021
averaging a growth rate of 3
International Energy Agency executive director Dr Fatih Birol has said that the world is facing its “first truly global energy crisis”
Iron-Ore 2022: Mixed fortunes South African Mineral Resources andThe re emergence of Covid 19 curbs in China and a deepening crisis in its real estate sector have been among the factors hindering iron ore demand growth in 2022. However, Australian iron ore producer Fortescue Metals contends that global market conditions remain supportive of iron ore, as Chinese industrial activity is expected to increase in the coming months. Fortescue Metals also believes that such strong demand for iron ore will benefit producers
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