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….
-
General22 hours agoMan who shot poodle in Central Coast caravan park robbery sentenced to eight years in prison
-
Noosa News13 hours agoFeral pigs devour 99 out of every 100 lambs on this Central West NSW farm
-
General11 hours agoClean-up underway after stormy weather hits, 400 calls for help in Sydney
-
Noosa News22 hours agoAerosol physicist Lidia Morawska wins 2025 Prime Minister’s Prize for Science