NewsBite

Big mining’s decade of inflationary pressure is ending

Peter Ker

A decade of inflationary pressures in the mining sector appears to be over, with bulk commodity producers Fortescue, Whitehaven Coal and Stanmore Coal telling investors their unit costs were tracking lower.

Lower commodity prices and a weaker Australian dollar have driven the trend, which is being accelerated by rising unemployment and, in some cases, deferral of spending on growth projects.

Loading...
Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

Read More

Latest In Mining

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/mining/big-mining-s-decade-of-inflationary-pressure-is-ending-20250429-p5lv2v