In Sandvik Machining Solutions growth was moderate at a low single digit pace, impacted primarily by a decline in Asia and slower activity in the automotive segment
"It is now possible that Shaanxi will implement the strictest-ever regulations on illegal production, which would significantly reduce output in the province for the year," - Wood Mackenzie
MOD is willing to engage with Sandfire and grant confirmatory due diligence if a compelling price is presented and capable of being supported by the board and shareholders.
Germany is expected to import 45 million tonnes of hard coal this year, up roughly 1.4 percent from 2018 despite mounting competition from renewable energy.