Metals, minerals prices tipped to lift

The World Bank has tipped metals and minerals prices to increase in 2017, the bank’s first forecast rise for non-energy commodities in five years.

Commodities

Metals, minerals prices tipped to lift

The World Bank has tipped metals and minerals prices to increase in 2017, the bank’s first forecast rise for non-energy commodities in five years.

Metals, minerals prices tipped to lift

Glencore’s McArthur River zinc-lead mine in Australia’s Northern Territory

Metals prices are projected to jump 16% this year due to strong demand, especially from China, and supply constraints, including mine disruptions in Chile, Indonesia and Peru, according to the bank’s April commodity markets outlook.