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US ambitions to break China’s dominance of green energy supply chains are “great for the world” as long as tensions don’t lead to war, said iron ore magnate Andrew Forrest. The chairman of Fortescue Metals Group, the world’s fourth-largest iron ore producer, said it was healthy for competitors to challenge China’s dominance of sectors like renewable energy, electric vehicles and battery metal processing “provided it’s commercial and competitive.”
Futures markets for items as diverse as glass, styrene and corn starch are piling on the evidence that China isn't recovering as fast as many people had hoped
From copper to wheat to natural gas, the cost of some of the world’s most important products is crashing, bringing long-awaited relief for consumers that were stung by last year’s soaring prices. The commodity crunch unleashed by Russia’s invasion of Ukraine has taken a sharp reversal, with a Bloomberg gauge…
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