Regardless of the fall out over China’s proposed emissions cuts - are they enough? Will they make a difference? - the fact that it has made a decision to reduce its emissions and slow the overall output of greenhouse gasses will resonate with the world’s environmental mineral suppliers.
Many questions and much criticism has been levelled at China, the world’s biggest polluter, following its decision to reduced emissions based on 2005 levels. But when China even so much as musters a cough, the world feels it.
Anti-pollution measures have been well known to provide market demand for industrial minerals such as limestone, magnesia and bentonite, but China’s recently announced target to cut its carbon footprint by 40-45% by 2020 on 2005’s output has clearly given the domestic “green minerals” market a huge boost....