Mining consolidation to speed up as Chinese demand growth slows
However, full-scale mergers and acquisitions activity among diversified miners could be hampered for now, investors said at a CESCO event this week.
Iron ore prices rose on Wednesday as demand in China propelled spot prices of the metal to the highest in more than a week, despite renewed steel production controls in Tangshan city. According to Fastmarkets MB, benchmark 62% Fe fines...
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