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EL Nino to help nickel, bauxite and tin but cut copper output- 2016 China(Guangzhou)Non-Ferrous Metals Exhibition
10/20/2015 non-ferrous metals expo |
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Reuters last week reported that El Nino weather pattern that is expected to be the strongest in nearly 20 years looks set to hit copper mining over the coming months, but should boost production of bauxite, nickel ore and tin in 2016. The weather phenomenon leads to hotter sea temperatures in the west Pacific Ocean, which means more rain falls on South America and less in Australia and South East Asia. A shorter monsoon in Indonesia the Philippines and Malaysia can help miners produce more tin, nickel and bauxite
Indonesia is the world''s biggest exporter of the metal, which is seen in a balanced market this year. Production often dips due to heavy rains in December and January. Dry weather is a good time to mine, because most of our production is off-shore and also the weather is calmer
In Malaysia, a shorter rainy season could boost bauxite production by anything between 10-20 percent, a geologist at a miner in Kuantan, in Pahang state, said. Malaysia is the second-biggest supplier to China of the ore used to make aluminium.
Philippine nickel miners are also betting drier weather will let them mine until year end, while Australia''s iron ore and coal exports are less likely to be disrupted by cyclones in the upcoming cyclone season.
While a strong El Nino helps the minig of some metals, the opposite is true for copper as too little rain in Asia and too much in South America crimps supplies.
有色金属展-2016年第十七届广州国际有色金属展览会-巨浪展览
non-ferrous
metals- 2016 China(Guangzhou)Non-Ferrous Metals Exhibition
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