Türkiye’s exports to Gulf countries fell by an average of 40% in the first 13 days following the outbreak of the Iran conflict on Feb. 28, as disrupted transport routes and surging costs slowed trade activity, a sector head reported.
Driven by surging raw material prices and geopolitical factors, the current ferroboron market is characterized by tight supply and high-price operation.
Australian mining firm Ioneer is interested in bidding on a bundle of Rio Tinto Group’s US assets that produce boron, a critical mineral used in fertilizer, according to its top executive.