Oceania's Metals & Minerals Outlook

Miners Should Hold Tight Until 2017, an Industrial Info News Alert

PERTH, AUSTRALIA--(Marketwired - Oct 7, 2015) - Researched by Industrial Info Resources Australia (Perth, Australia) -- The Australian economy has been hugely affected by the mining downturn. Data from Industrial Info can help businesses navigate the market during these periods of uncertainty.

Industrial Info is tracking more than 133 active coal capital projects, worth $50.14 billion, that have had their kickoff dates pushed back to 2017-18. Industrial Info is also tracking more than 124 active iron capital projects in planning, worth US$36.66 billion, with kickoff dates scheduled for the same period.

Within this article: Outlook for mining in Australia, including the potential impact on companies such as BHP Billiton Petroleum (NYSE:BHP) and Rio Tinto plc (NYSE:RIO)

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William Ploch
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