Commodities crunch threatens Mongolia’s fluorspar growth
Published: Monday, 08 February 2016
Fluorspar miners in Mongolia are struggling to remain profitable at current price levels, while a lack of modern processing technology is limiting the amount of value extracted from large reserves.
The ongoing slump in the global commodities market has knocked
back growth in Mongolia’s mining industry, leaving
producers, in particular, facing the dual prospect of falling
prices and mounting inventories.
Sources told IM that Mongolian miners struggled to supply
acid grade fluorspar (acidspar) above 95% CaF2 at competitive