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“It’s the economy, stupid”, was a winning political slogan for Bill Clinton in the 1992 US presidential election, whereas today it’s a warning for the mining industry that the outlook for minerals and metals is deteriorating because of the weakening global economy.
Other indications of a downturn in demand have surfaced this week including sharp price falls among minor metals and the effect of the latest oil price increase.
PNG shifts focus to critical minerals and doesn't want to pick sides between the west and China
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