Good and bad news for the mining industry
China reopens its economy, boosting demand for metals, but load-shedding gloom deepens
15 January 2023 - 06:57
The reopening of the Chinese economy is expected to boost demand for metals following strict Covid lockdowns, but analysts and industry players fear load-shedding will worsen this year and, combined with logistics problems, place the sector under greater pressure.
Eskom this week implemented stage 6 load-shedding, underscoring the prospect of continued power insecurity this year following peak load-shedding just four months ago in September. ..
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