Coal and lithium drive Australian stocks’ outperformance in 2022
The country’s behemoth iron ore miners ended the year on a high as China’s abrupt Covid Zero reversal and a steady stream of supportive policies raised the outlook for demand.
Chinese rebar and hot-rolled coil futures also jumped after the market recorded heavy losses over the past few weeks following the government's vow to stabilise commodity prices.
According to non-profit group Instituto Socioambiental, there are about 20,000 illegal gold miners in the Yanomami area, Brazil’s largest protected Indigenous reserve.