South African fluorspar struggles as concerns linger over demand growth

By Shruti Salwan
Published: Tuesday, 18 August 2015

Supply Update: Industrial slowdown has led to an 83% y-o-y drop in acidspar exports, while upcoming projects take a back seat; weak demand to continue into Q3 2015.

Despite having the world’s largest fluorspar reserves, South Africa’s fluorspar industry has been underperforming amid sluggish industrial demand, a lack of financing and uncertainty over its mining laws.

The country’s acid grade fluorspar (acidspar) exports dropped for another consecutive quarter to just 20,500 tonnes in Q2 2015, down...

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