Mining supply disruptions mask mounting demand fears
Subject COVID-19-related disruptions to the mining supply chain. Significance The severity and length of COVID-19-related lockdowns has varied by country, but disruptions have quickly affected production. While West Africa, Russia and initially Mexico struggled to define a clear policy for mining, strict initial prohibition hit production in New Zealand, Peru, Argentina, South Africa, Ecuador and India in late March and into April. Spain, Australia, Chile, Quebec and Finland stuck to the middle ground, phasing policies in and out and permitting selected activity. Impacts Key plants, including iron ore mines in Australia and copper mines in Chile and the United States, are seeing little disruption so far. Mongolia, the first nation to close its borders with China, has also been the first to resume coal exports to its southern neighbour. Western Australia banned some fly-in, fly-out commuting arrangements to mines; similar such bans could persist elsewhere for months.