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.
The Shanghai Futures Exchange (ShFE) will lower margin requirements and trading limits for base metals, stainless steel and silver from April 6, it said on Tuesday.
Margin requirements for copper and aluminum will be lowered from 12% to 9%, while that for nickel will be lowered from 19% to 12%, according to the exchange.
(By Albee Zhang, Siyi Liu and Dominique Patton)
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