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.
Efforts to turn loss-making Finnish stainless steel maker Outokumpu Oyj (OUT1V.HE) around have been insufficient to date and the company will now focus on growth outside of Europe in order to improve profitability, Chief Executive Mika Seitovirtaof said
