According to the Central Bank's Focus survey, Brazil's GDP is expected to grow no more than 1.65% this year, [Octavio Cortes Pereira Lopes] said.
Despite the many issues that have been highlighted in IM 's special on Latin America ( pp23-27 ), investors are continuing to look at the continent with interest. Even Mexico's high royalty rate has not deterred investment, as explained in the feature.
This month Kasia Patel's article on zircon trends ( pp32-35 ) shows how the ceramics sector is expanding, but also how the chemicals sector is the biggest growth market for this mineral. Zircon is under threat of substitution in many areas, but as Patel discovers, there are not many minerals which measure up satisfactorily against it.
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