FILE PHOTO: A tonne of nickel powder made by BHP Group sits in a warehouse at its Nickel West division, south of Perth, Australia August 2, 2019. REUTERS/Melanie Burton
“With the exception of China, the world’s major economies will contract during the 2020 calendar year as a result of the COVID-19 pandemic,” Chief Executive Mike Henry said in a statement. While China has been boosting imports of most major commodities as its economy recovers from the coronavirus shutdowns of the first quarter, it’s iron ore that has been the biggest beneficiary.
The Anglo-Australian miner reported underlying half-year earnings of $4.75 billion, beating the analysts’ consensus forecast of $4.36 billion. Rio’s return on capital employed was 64% for iron ore, 3% for aluminium, 1% on copper and diamonds and 10% for what it calls its energy and minerals, which includes uranium, iron ore pellets and borates.
Slings and arrows. Outrageous fortune. I don’t even like Shakespeare and I remember that.
China is the biggest market, Brazil promise to guarantee mineral supply, Australia is a little nervous.
e aí, deltan dalagnol, vai pegar a globo ou vai faltar coragem? vai deixar prescrever como fez com o psdb? quem vcs ainda enganam?