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clock Created with Sketch. 03/01/25
11:48
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Originally posted by Infose:
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"The next 2 years will be a decider . If Australia opens up it's mining again and doesn't let green agendas hold it back then that could be the one thing that if we do head into a recession of this kind will be a saviour. but the way we are heading now ..." demand and a green agenda would just impact upon supply. opening of new mines or new oil wells with implications for the medium to long term.
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Agreed, the cost of capital to build a new mine with soft commodity prices (apart from gold) is what has reduced mining output. Downside risk from here with tariffs on China as well imo.
