Miners are Increasing Operations In Copper, Lithium Cobalt Projects Owing To Rising Demand
FinancialNewsMedia.com News Commentary Palm Beach, Fla. , June 9, 2022 |PRNewswire| -- While Gold always seems to be in the spotlight, some other metals will also be important in 2022. Copper, Silver, Zinc, Lithium, Nickel and Lead should also be in investor''s radar. An article in Mining.com discussed a report from Finch Solutions said that the Mining industry will continue to fly-high through 2022. It said Global miners can continue to expect an "exceptional year of earnings" through 2022 as a broad commodity price rally underpins strong financial results for most actors, according to a new report from Fitch Solutions . Despite sky-high earnings, Fitch expects miners to maintain restraint over capital expenditure, instead focusing on further debt reduction with the additional profits generated this year and next. According to the report, the industry is in the age of disruption with technology, changing consumption patterns and environmental, social and governance (ESG) considerations shaping the future of market players and inevitably determining success — or the contrary.
Miners are Increasing Operations In Copper, Lithium Cobalt Projects Owing To Rising Demand
FinancialNewsMedia.com News Commentary Palm Beach, Fla. , June 9, 2022 |PRNewswire| -- While Gold always seems to be in the spotlight, some other metals will also be important in 2022. Copper, Silver, Zinc, Lithium, Nickel and Lead should also be in investor''s radar. An article in Mining.com discussed a report from Finch Solutions said that the Mining industry will continue to fly-high through 2022. It said Global miners can continue to expect an "exceptional year of earnings" through 2022 as a broad commodity price rally underpins strong financial results for most actors, according to a new report from Fitch Solutions . Despite sky-high earnings, Fitch expects miners to maintain restraint over capital expenditure, instead focusing on further debt reduction with the additional profits generated this year and next. According to the report, the industry is in the age of disruption with technology, changing consumption patterns and environmental, social and governance (ESG) considerations shaping the future of market players and inevitably determining success — or the contrary.