Industrial mineral suppliers, consumers, traders and consultants from across North America and Europe converged on Toronto recently for the Canadian Conference on Markets for Industrial Minerals.
Delegates at the fifth annual meeting, titled “Industrial Minerals ’93,” discussed changes in supply and demand patterns and new market opportunities for industrial minerals.
Various markets were addressed, including pulp and paper, plastics and ceramics, construction and recycling. Among the products discussed were calcium carbonate, kaolin, titanium dioxide, bentonite, dimension stone, gypsum, cement, aggregates, abrasives, salt and limestone.
In his keynote address, Jack Vermeeren, senior economist at the Royal Bank of Canada, said markets for industrial materials have been hindered by slow recovery. He predicted, however, that growth will occur mainly in secondary markets, including China and South America.
Vermeeren emphasized that, to be successful in the next decade, suppliers must penetrate these markets quickly.
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