Metals and Mining - Metals and Mining Industry demonstrated resilience during pandemic

Table of Content

1. OVERVIEW
1.1. Catalyst
1.2. Summary

2. METALS AND MINING PERFORMED SURPRISINGLY WELL DURING THE PANDEMIC
2.1. The Australian mining sector proved incredibly resilient during the coronavirus outbreak
2.1.1. BHP Continued production and achieved record profits during pandemic
2.1.2. Rio Tinto’s earnings soared during pandemic, with little disruption to operations.
2.2. Brazilian metals and mining industry remained lucrative despite high infection rates
2.3. Global copper industry outperformed expectations made at the start of the year
2.3.1. Chile ramped up production to capitalize on high metal prices.
2.4. Glencore’s industrial and marketing metal business offset declines in energy
2.5. China’s Infrastructure stimulus package stabilized metals and mining industry during the pandemic
2.6. Covid-19 may have stimulated a new commodity super-cycle
2.6.1. Strong demand and supply concerns for copper and base metals could sustain high prices.

3. APPENDIX
3.1. Abbreviations and acronyms
3.2. Sources
3.3. Further reading

4. ASK THE ANALYST

5. ABOUT MARKETLINE