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Quartz deposit purity in central China ‘highly similar’ to US Spruce Pine standard: study

Geologists say they have identified a new deposit in central China that can produce high-purity quartz comparable to the quality produced at a critical world-leading mine in the United States. The high-purity quartz from the Chinese deposit is described as having “highly similar” properties to the resources produced at North Carolina’s Spruce Pine, which is crucial to the global production of…

Quartz deposit purity in central China ‘highly similar’ to US Spruce Pine standard: study

We haven't written up this one. Reuters Business via SCMP has the full story — the link below goes straight to it.

Read the original at scmp.com →

More in Finance & Markets

Hedge funds position for yen to strengthen past 150 as options bets build

Macro hedge funds are increasing bets that the yen will strengthen beyond JPY150 against the dollar by the end of the year, with some longer-dated options positions targeting a move towards JPY140…

  • Macro hedge funds predict yen will surpass JPY150 by year-end
  • Bearish options activity dominates dollar-yen pair
  • Yen strengthens despite US labor report and Bank of Japan remarks

Verition hires former Roscommon COO

Verition has hired Melanie Payne as commodities chief operating officer in London, adding senior operational expertise as the multi-strategy hedge fund continues to expand its commodities platform…

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