Global Miner Cost, Leverage Positions Are Key Coronavirus Risk Mitigants (Coronavirus Illustrates How Exogenous Events Disrupt Commodity Markets) - Fitch Research

Global Miner Cost, Leverage Positions Are Key Coronavirus Risk Mitigants (Coronavirus Illustrates How Exogenous Events Disrupt Commodity Markets)

Global Miner Cost, Leverage Positions Are Key Coronavirus Risk Mitigants (Coronavirus Illustrates How Exogenous Events Disrupt Commodity Markets) - Fitch Research
Global Miner Cost, Leverage Positions Are Key Coronavirus Risk Mitigants (Coronavirus Illustrates How Exogenous Events Disrupt Commodity Markets)
Published Feb 12, 2020
6 pages (4048 words) — Published Feb 12, 2020
Price US$ 999.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...Fitch Ratings notes competitive cost structures and ample leverage headroom should enable most mining companies to withstand commodity price risk but credit profiles of less efficient producers with limited financial flexibility will be at risk. Geopolitical tensions, natural disasters and epidemics, such as the coronavirus (COVID-19), are examples of exogenous shocks that can disrupt supply/demand conditions. However, low cost production helps mitigate margin pressure and balanced financial policies helps support financial flexibility in challenging operating environments....

  
Report Type:

Special Report

Company(ies)
Vale SA , Southern Copper Corp , Rio Tinto PLC , Anglo American plc , Freeport-McMoRan Inc. , BHP GROUP (UK) LTD , Teck Resources Ltd. , Volcan Compania Minera S.A.A. , First Quantum Minerals Ltd. , United Company RUSAL, international public joint-stock company , Nexa Resources Peru SAA , Nexa Resources SA , Alcoa Corporation , Aluminum Corp of China Ltd
Issuer
Volcan Compania Minera S.A.A.
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Fitch Research. "Global Miner Cost, Leverage Positions Are Key Coronavirus Risk Mitigants (Coronavirus Illustrates How Exogenous Events Disrupt Commodity Markets)" Feb 12, 2020. Alacra Store. May 08, 2025. <http://www.alacrastore.com/fitch-credit-research/Global-Miner-Cost-Leverage-Positions-Are-Key-Coronavirus-Risk-Mitigants-Coronavirus-Illustrates-How-Exogenous-Events-Disrupt-Commodity-Markets-RPT_10110388>
  
APA:
Fitch Research. (2020). Global Miner Cost, Leverage Positions Are Key Coronavirus Risk Mitigants (Coronavirus Illustrates How Exogenous Events Disrupt Commodity Markets) Feb 12, 2020. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/fitch-credit-research/Global-Miner-Cost-Leverage-Positions-Are-Key-Coronavirus-Risk-Mitigants-Coronavirus-Illustrates-How-Exogenous-Events-Disrupt-Commodity-Markets-RPT_10110388>
  
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