Saudi Arabia to visit Brazil and Chile as seeks to diversify mining
The diversification strategy includes plans to expand into international mining to secure access to minerals including copper, cobalt and nickel, as well as lithium.
Mexican miner and transport company Grupo Mexico on Monday reported a net fourth quarter profit of $74.7 million, down by 32 percent compared to the year earlier period.
The company reported $2.567 billion in revenues for the fourth quarter, down slightly from a year earlier.
(By Lizbeth Diaz; Editing by Delphine Schrank)
