Analysts at investment bank Jefferies said Wednesday the outlook for mining companies is bright for at least the next five years, Kallanish reports.
The bank is increasingly more convinced of a “multi-year bull market” in mining. It said in a new equity research note that greater geopolitical risk will delay a supply response to high prices, and China appears to have avoided a property market-driven hard landing.
“A re-rating is coming, in our…
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