I don't think it has anything to do with the appointment.
The news over the weekend re U.S debt downgrade and further China U.S tensions is bad for risk.
MIN has benefited from a large risk on rally, given the short position. Iron Ore and Lithium have resumed their downtrend. Lithium specifically is getting destroyed right now.
The above factors far outweigh any chair appointment. CE is the main man, always was always will be.
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