All metals like Copper, Aluminum, Nikel, Silver and etc............
Its' prices will go up and down depend on the market and resources.
Recently China export alot of electrical and electronic items, thus
the demand is very High!!!!!!!!!!!
There was an interesting interview with a director of one of the
large mining companies yesterday on the BBC World Service. He was
talking about some of the issues that are affecting his industry,
largely as a consequence of the extremely rapid increase in
demand of metal ores for growth in China. In some cases this has
gone up by 10-fold in 4 years. The industries which supply the
mining companies with equipment just cannot ramp up like that
with no warning. For example, there is currently a very serious
world shortage of the giant tyres used on large mining trucks,
cranes, diggers, etc. His company gets through 6,000 such tyres
a year. This is such an issue for them that in a move to try and
get some extra life out of their tyres, they have recently
resurfaced all the roadways in their mines.
Sorry, I didn't catch the name of the guy or his company, but
the issues he was raising were apparently industry-wide.
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