The power in Iceland to do this is so cheap that it is economical for companies like Alcoa and Alcan to ship the raw materials all the way to Iceland and then ship the final product out it to its customers.

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It takes three weeks to ship raw materials in from China with all shipments going via Singapore.

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Brazilian farmers and trading companies ship raw soybeans over to China while Argentina ships the more expensive soymeal and soybean oil.

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