GBE 0.00% 5.1¢ globe metals & mining limited

Yes I am in the right forum Benne449, the China-Australia...

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    Yes I am in the right forum Benne449, the China-Australia relationship could have an impact on all mining metals including gold, zinc, copper and niobium. China is a major consumer of all minerals and metals, and any changes to the relationship could have a ripple effect throughout the global mining industry.

    The relationship between Australia and China is likely to have a significant impact on GBE's future performance, even though GBE is mining niobium in Malawi. Niobium is a strategic metal that is used in a variety of applications, including electric vehicles, wind turbines, and medical devices.

    China is a major consumer of niobium, and any changes to the Australia-China relationship could have a negative impact on GBE's sales and profits.
    For example, if China were to impose tariffs on Australian niobium, it could lead to lower prices for GBE's products and lower profits for the company.

    Additionally, if China were to reduce its investment in Australia, it could lead to a slowdown in economic growth and job losses in the mining sector, which could further hurt GBE's business.

    On the other hand, if the Australia-China relationship were to improve, it could have a positive impact on GBE. For example, if China were to lift tariffs on Australian niobium, it could lead to higher prices for GBE's products and higher profits for the company. Additionally, if China were to increase its investment in Australia, it could lead to a boost in economic growth and job creation in the mining sector, which could benefit GBE.

    Overall, the relationship between Australia and China is likely to be a major determinant of GBE's future performance. The company is exposed to both positive and negative risks from the relationship, and it is important for GBE to monitor developments closely.


    Last edited by Drey: 22/08/23
 
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