| Global mining investors have been demanding greater returns following a period marked by failed acquisitions and spending on mine expansions that flooded metals markets. After a decade of explosive price gains fueled by Chinese demand, often defined as the commodities supercycle, mining companies are contending with slower growth by spurning mergers and cutting costs.
“The supercycle ain’t over, China is still buying, demand for commodities hasn’t tapered off, it’s even higher than it’s ever been,” Glencore Plc’s billionaire Chief Executive Officer, Ivan Glasenberg said. “The demand is pretty good. We’ll grow. We may do acquisitions where you’re not creating more supply in the market.”..............................................Full Article: Source
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