According to S&P Global Ratings Industry Top Trends: Metals and Mining H2-2021 update for the North American and European regions, recovery is taking shape and driven by:
- Surging metals prices as an unexpected rebound in demand was hampered by tight output
- Record low interest rates and a weaker U.S. dollar benefit metals prices
- Financial policies for most mining companies are intact with sustained financial and investment prudence
However, the road to the recovery and the potential for prolonged economic weakness remain a key source of uncertainty.
Learn what are the key risks to watch out for.
Image for illustrative purpose only. Source: S&P Global Market Intelligence
