EY: More Pain Ahead for Metals and Mining before Recovery in Price, Productivity

JOHANNESBURG--January 7, 2015--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Falling commodity prices, recalcitrant capital markets, and a greater-than-expected softening in Chinese demand growth made 2014 a year to reacquaint most mining and metals companies with their cyclical industry, according to Mike Elliott, global mining and metal leader of EY (Ernst & Young) (London, England) global mining and metals leader.

Within this article: Near-term forecast by EY for mining and metals.