ENERGY MINERALS

China losing ground as world's top smelter: Trafigura CEO

The globalisation of the commodity industry may be starting to go into reverse, as China loses ground as the primary location of the world’s metal smelting, Trafigura chief executive Jeremy Weir told the Future Minerals Summit in Riyadh, Saudi Arabia, on January 12.

William Clarke
China losing ground as world's top smelter: Trafigura CEO

And this could be part of a larger trend away from a single global value chain, routed through China, and toward more diverse sources of commodity supply. "We are starting to see a shift in commodities...

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