China’s Dirty Laundry Points Path to Next Metal Winners By David...

China’s Dirty Laundry Points Path to Next Metal Winners

By David Stringer Jan 15, 2015 6:08 PM ET
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extract.......
China’s move away from a heavy industrial economy has led to bear markets in everything from iron ore to coal. It’s also created opportunity in the overlooked minerals that will feed its next phase of growth.
Those materials include bauxite -- the ore that’s used to make aluminum -- and the zinc, copper, natural gas and uranium used to make or power the millions more washing machines, air conditioners and cars that China’s 1.4 billion consumers are forecast to demand.................

Aluminum is predicted to climb by 16 percent this year and zinc by 13 percent, the forecasts show. In contrast, Citigroup Inc. expects iron ore may fall a further 15 percent this year.

China itself has already shown the way. Two years ago a unit of Citic Group Corp., the nation’s biggest conglomerate, made an almost unnoticed investment in obscure Australian miner Alumina Ltd. (AWC)

....full story...............

http://www.bloomberg.com/news/2015-...aundry-points-path-to-next-metal-winners.html