Chinese Fluorite Mines Ramp Up Production on Record...
China News
October 30, 2023
Fluorite, a mineral with diverse applications, from refrigerants and pharmaceutical intermediates to lithium-ion batteries and steel production, has witnessed record prices. The global fluorspar market's value exceeded $2 billion in 2022 and is anticipated to reach $3 billion by 2030. In production hubs like Chenzhou in central China, around 7,500 tons of fluorite ore are extracted daily, with rising orders from domestic and international fluorochemical firms.