Search

The $5 Billion Hoard of Metal the World Wants But Can't Have - Bloomberg

indonesiabei.blogspot.com

On an industrial park about an hour’s drive toward the South China Sea coast from Ho Chi Minh City sit giant mounds of raw metal shrouded in black tarpaulin. Stretching a kilometer in length, the much-coveted hoard could be worth about $5 billion at current prices.

In the esoteric world of aluminum, those in the know say the stockpile in Vietnam is the biggest they have ever seen — and that’s in an industry that spends a lot of time building stockpiles while analysts spend a lot of time trying to locate them. But as far as the increasingly under-supplied market is concerned, it’s one that may never be seen again.

Adblock test (Why?)



"world" - Google News
November 21, 2021 at 12:00PM
https://ift.tt/3DHYjio

The $5 Billion Hoard of Metal the World Wants But Can't Have - Bloomberg
"world" - Google News
https://ift.tt/3d80zBJ
https://ift.tt/2WkdbyX

Bagikan Berita Ini

0 Response to "The $5 Billion Hoard of Metal the World Wants But Can't Have - Bloomberg"

Post a Comment

Powered by Blogger.