LONDON, March 5, 2015 /PRNewswire/ -- Includes 3 FREE quarterly updates
BMI View:
Chinese mining consolidation will continue over the coming quarters due to weak global minerals prices and government supporting consolidation. We expect China's mining sector to become increasingly consolidated in the coming quarters for the
following reasons.
- First, weak mineral prices will price-out high-cost producers. We believe weak mineral prices will continue to pressure Chinese high-cost producing miners over the coming quarters. While state-owned firms are generally more insulated from the weakness in commodity prices, the economic slowdown in China will diminish the financial resources of these firms, forcing them to cut-back capital expendituresover the coming quarters.
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SOURCE ReportBuyer
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