The global biomedical refrigerators and freezers market is slated to magnify at a strong CAGR of 4.2% over the period amid 2016 and 2024. The market, which was worth $2.91 billion in 2015, is predicted to upswing to $4.28 billion by 2024…
BMI View: The DRC's mining sector will be supported by the country's vast high-grade mineral reserves
and strong mining project pipeline. Despite this, low mineral prices, mineral policy uncertainty and unrest
in the east will limit investment growth.
Latest Developments & Structural Trends
? The country's regulatory uncertainty remains a key concern to the sector's long-term growth. Ongoing
mineral policy uncertainty could deter new investment from entering the sector and halt new projects
from coming online. In our view, a production growth slowdown would have considerable effects within
? Copper: We expect copper prices to experience a mild rebound over the second half of 2016, respecting
the lows of the first half of the year, supported by production cuts. Our average forecast of USD4,900/
tonne in 2016 represents the bottom of copper's multi-year price decline, and we expect the metal to trend
higher over our forecast period to 2020 (see: 'Copper: The Worst Is Over' June 2).
? Glencore's September 7 2015 decision to suspend operations at the firm's Katanga mine will significantly
impact DRC's copper production growth. In our view, DRC's copper production will decline from 1.10
million tonnes (mnt) in 2014 to 1.05mnt in 2016.