...Global Mining Outlook Stable : Fitch Ratings' outlook for the global mining sector remains stable. The w eakened macroeconomic environment has caused demand and prices for some commodities to fall in the medium term, particularly aluminium and copper, but also thermal coal. Tight iron ore and nickel supply has created deficits and greatly supports prices, w hereas increased demand for gold reflects w aning risk appetite in the capital markets. Many companies either have sufficient financial flexibility or benefit from diversification across commodities to protect the ir ratings. Some companies w ith single-commodity exposure to aluminium or copper may need to take action to steer their financial profiles and retain positive free cash flow (FCF). China by Far Biggest Market: The fallout from trade tensions across major economies, most notably the US and China, has negatively affected economic grow th, industrial production and market sentiment. China is the w orld's biggest consumer of most...
