#China must import more ore.
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/