“Too Big to Fail”: 10 Things you Need to Know About El Niño
Elementum
OCTOBER 15, 2015
During the 1997 El Niño, droughts in Indonesia and Argentina caused mining activity to halt, raising prices of copper, zinc, and nickel. But the typhoons will threaten Taiwan, China, and Japan, leaving countries like Indonesia in need of precipitation. This should keep prices low and shipping lanes open.
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