2021-10-20

CAPITAL EXPENDITURE

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
CAPEX REVIVAL? The mining industry was first in slashing capex, well ahead the oil industry. But now at least one major miner, , is flagging rising capex, which could hit $10bn in 2024, nearly double from 2018. The increase comes amid high copper and iron ore prices