AngloAmerican
commodity outlook medium to long term diamonds global economic recovery and growing disposable income drives higher consumer demand global supply of rough diamonds expected slightly decline due lack of significant recent discoveries copper demand is the and accelerated presents further upside supply growth is increasingly challenging due heightened technical and sovereign risks other loadings rise further with introduction of next generation of emissions standards in mid further substitution of platinum for palladium likely in petrol vehicles share continuing expand over the near longer palladium and rhodium tightness eases expected platinum demand growth from hydrogen fuel cells industrial uses supply expected be at most stable iron ore in a world iron ore is vital and premium grade iron ore will be preferred expected growth in and the rest of drive demand supply expected be able respond steelmaking coal demand growth shifts from china while supply growth is limited nickel robust growth in stainless steel battery demand matched by growth in primary supply and recycling manganese alloy contained manganese used per poly demand increasing owing a growing population and finite land resources of all steels | AngloAmerican
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July 2022
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65 of 97
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