Business
‘China is motoring ahead’: Australian mining giants ride Beijing’s cash splash – Sydney Morning Herald
China’s building boom has provided a gift for Australia’s mining giants who were steeling themselves for huge disruption due to the coronavirus pandemic.
Normal text sizeLarger text sizeVery large text size
This time last year, when coronavirus cases started sweeping the world, Rio Tintos Jakob Stausholm was doing the same thing as most other chief financial officers of big global businesses: steeling himself for a period of economic disruption.
China, which consumes half of the worlds metals, had been plunged into lockdown – halting industrial activity, casting a cloud over demand for Australias commodity exports. Copper prices crashed 20 per cent….
-
Noosa News21 hours agoAustralian FIFO worker Byron Haddow, 23, dies suddenly on Bali holiday
-
General24 hours agoHere’s what you should know if parking is a source of tension on your street
-
General19 hours agoSenior leader says Alice Springs ‘at breaking point’ after Warlpiri man’s death in custody
-
Noosa News24 hours agoWarmth in market ahead of winter