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Graphite, magnesia, alumina and silicon carbide are excluded from the list of China-origin materials subject to a new US tariff, as are antimony, rare earths and barite. Pigments such as titanium dioxide will also be subject to the duty, as will refractory finished products, some ceramic minerals such as kaolin, and lithium.
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Fast-growing demand for speciality composite materials offering improved weight profile and durability from sectors as diverse as automotive, energy and electronics is creating encouraging business opportunities for producers, as innovation remains crucial, Covestro told IM London.
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Growing middle class to drive demand in industrial minerals, however speakers expressed concerns over China’s dominance and emphasised the importance of diversifying into new markets.
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