Global fertilizer demand is driven primarily by cereal demand and prices. These in turn are driven by population growth, agricultural land per capita, dietary changes in the developing world and increased consumption of biofuels. According to the IFA, from 1976 to 2020, global fertilizer demand will grow 2%
Commodity prices have declined from the peak levels reached in 2022, but remain high compared to previous periods. By September 2023, the average crude oil price had risen 50% over 2019, while European natural gas prices had risen 140%, according to a WTO report. Moving forward, the WTO
From mid-October 2022 to mid-October 2023, there were 303 new trade facilitation measures adopted by World Trade Organization (WTO) Members and observers. Most of the trade facilitation measures applied to imports. According to the WTO, the reduction or elimination of import tariffs accounted for the largest share of
China is demanding higher quality iron ore, noted the National Steel Company (CSN), Brazil’s largest steel industry. The reason? Because recent regulatory changes have led Chinese steel producers to buy higher quality iron ore. In particular, this product exported from Brazil has gained ground in international markets, particularly
Koura is the only company that extracts raw ore from the world’s largest fluorspar mine, located in San Luis Potosi, Mexico. With an annual volume representing around 18% of world production, this mine has one of the world’s largest certified fluorspar reserves, according to the Mexican Mining Chamber
Mexico was ranked 37th in the Mining Investment Attraction Index, prepared by the Fraser Institute on Mining Companies in 2022. Each year, the Fraser Institute sends a questionnaire to selected mining and exploration companies worldwide. The Fraser Institute survey is an attempt to assess how mineral endowments and