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Robert Friedland, mining financier and industry veteran, draws attention to the African sulphur supply chain's vulnerability due to its overwhelming dependence on Middle Eastern imports.
Friedland notes that more than 90 percent of the sulphur imported into Africa transits through the Strait of Hormuz, a vital maritime chokepoint. He suggests that current geopolitical issues and trade disruptions in the region are already making it difficult for traders to secure sulphur supplies. This situation is expected to drive up sulphuric acid prices across the African continent, with implications for key industries such as fertilizers and mining. Market participants are closely monitoring the potential impact on commodity prices and regional supply chains.