Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
China, until recently a net exporter of coking coal, is set to become the world’s biggest importer of the steelmaking ingredient by 2015, causing “dizzying” upwards pressure on prices, a Brazil-based coal industry consultant told Dow Jones Newswires.
