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Global fluorspar market<br />
Production<br />
Demand<br />
7,000<br />
8,000<br />
6,000<br />
7,000<br />
kt<br />
5,000<br />
4,000<br />
3,000<br />
2,000<br />
1,000<br />
Others<br />
Russia<br />
S. Africa<br />
Mongolia<br />
Mexico<br />
China<br />
6,000<br />
5,000<br />
kt<br />
4,000<br />
3,000<br />
2,000<br />
1,000<br />
0<br />
1950 1960 1970 1980 1990 2000 2010<br />
0<br />
1950 1960 1970 1980 1990 2000 2010 2020f 2030f<br />
Source: USGS, Mining Journal Annual Review; Roskill<br />
Information Services Inc.<br />
Source: Roskill Information Services Inc.<br />
• China could become net importer within 5 years as its internal demand grows<br />
• Freely-traded international market is estimated at about 850,000 tpa<br />
• Fluorspar identified by EU and USA as a critical mineral - both consume more than they produce
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