Tough competition from emerging low-cost fluorspar suppliers in Southeast Asia is making it difficult for producers elsewhere to sustain mines that cannot match these new market entrants on opex, IM learned at the Marrakech fluorspar meeting.
Supplies from this region compensate to some extent for the closure of the Witkop and Buffalo fluorspar mines in South Africa and the potential mothballing of Okorusu in Namibia, which faces being shut down owing to poor demand for its production. Competition from China remains the main challenge for these projects
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