Expect More Global Mining Disruptions – Report

Fitch Solutions sees increasing downside risk to mineral production as the Covid-19 pandemic raises the chances of persistent operational disruptions.

In their latest report, Fitch analysts point out that although mining operations tend to be in more remote locations, there is an increasing scope for reduced personnel flow and supply chain disruptions due to government actions leading to a reduction or halt in mine production.

Fitch notes that while relatively few firms have announced operational disruptions as of yet, the firm expects this will rise as countries implement quarantine efforts to contain the virus.

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