Mongolia’s fluorspar slump fuels market weakness fears

By Shruti Salwan
Published: Wednesday, 15 April 2015

A sliding economy and fading investor confidence coupled with sluggish downstream demand and the increasing dominance of China with its low cost supply pacified Mongolian fluorspar growth last year as 2014 figures indicate.

Mongolia’s fluorspar output dropped to 374,900 tonnes in 2014, down 18.5% from the highs of 2009, as falling prices and excessive stockpiles frustrated tensions aimed at boosting mining in the country.

The country’s annual fluorspar exports plunged by...

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