William Clarke, Siobhan Lismore-Scott, Industrial Minerals
[...]of potential further export taxes, more restrictive allocation of explosives, strict environment enforcement and the nationalization or controlled consolidation of mining operations in China, the structurally altered raw materials pricing environment is expected to remain in 2019 and beyond,” RHI Magnesita said. First sales are expected to come onto the market in early 2019. “Whilst some uncertainties exist in the macroeconomic outlook for 2019, robust customer markets in the medium term (albeit with some uncertainty in the short term) and positive trends in raw material pricing support our expectation to deliver modest organic revenue growth,” RHI Magnasita chief executive officer Stefan Borgas said.
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