China's sulfuric acid restrictions set to squeeze miners

China’s reported plan to further restrict sulfuric acid exports starting in May is set to squeeze miners on costs and supplies of the crucial input, especially in import-dependent countries like Chile and Indonesia, analysts said. The Iran war disrupted the seaborne market for sulfur, which is needed to make the acid, which is then used to make fertilizers and also extract metals like copper,China’s reported plan to further restrict sulfuric acid exports starting in May is set to squeeze miners on costs and supplies of the crucial input, especially in import-dependent countries like Chile and Indonesia, analysts said. The Iran war disrupted the seaborne market for sulfur, which is needed to make the acid, which is then used to make fertilizers and also extract metals like copper,Read More