‘Two lions’: The modern borate duopoly

By Myles McCormick
Published: Thursday, 17 May 2018

Two behemoths supply the bulk of the world borates market, making for a highly concentrated industry. Myles McCormick, IM correspondent, reports on the tussle between the major players, the current dearth of exploration and innovative efforts to increase demand.

A visitor to California’s Mojave Desert in the late 19th century might have been impressed by the spectacle of 20-strong teams of mules hauling wagonloads of borax ore hundreds of kilometers out of the sweltering heat of Death Valley. 

On the other side of the world, that same...

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