#China must import more ore.

china-ore-output-growth-2020

A new report from #BMI Research shows the country’s domestic mining output growth has slowed dramatically and will average far below levels attained in the last decade. Reasons for the slowdown are plentiful.

#China’s of consumption of metals and minerals far outstrip domestic supply – in #Iron ore its imports constitute nearly 80% of  use and in #Copper it’s approaching 50% and for #Nickel it’s already above that.

Read more at:  http://www.mining.com/chart-china-must-import-ore/

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