China’s ongoing economic slowdown, driven largely by a real estate crisis, is significantly reshaping global commodity markets. As demand for construction materials plummets, the ripple effects are being felt far beyond Beijing — disrupting trade flows, reshuffling global suppliers, and creating both risks and opportunities for producers and traders worldwide. The Decline of China’s Construction […]
Tag: Copper
Glencore’s Job Cuts Signal Industry-Wide Challenges Amid Global Trade Shifts
Mining and commodities giant Glencore has announced significant job cuts, including the planned closure of its Mount Isa copper mines in Queensland, Australia, by the end of 2025. This move is expected to result in approximately 1,000 job losses. Impact on Global Trade Volumes The closure of the Mount Isa mines, which are nearing the […]