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Hormuz Strait closure could have ‘profound’ mining impact...
14 Apr, 2026 08:19 501 min read
Robert Friedland, founder of Ivanhoe Mines, warns that a prolonged closure of the Strait of Hormuz will severely impact global supply chains, raising prices for sulfur and sulfuric acid, and resulting in shortages for copper producers. Approximately 20% of global copper output requires sulfuric acid for processing.... More