BHP Billiton, Mitsubishi Layoffs Highlight Mining Industry Weakness – ValueWalk Premium
BHP

BHP Billiton, Mitsubishi Layoffs Highlight Mining Industry Weakness

BHP Billiton Limited (NYSE:BHP) and Mitsubishi Corp (TYO:8058) are firing 230 workers from an Australian coal mine as dropping prices, global oversupply, and cooling Chinese demand force companies to reevaluate which of their mines are still viable, MarketWatch reports.

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0