Anglo American: Extreme Weather Condition Threatens Global Ore Supply

According to foreign news on February 7, Anglo American Plc warned that the global commodity supply will remain vulnerable to serious disruptions, including extreme weather conditions that are increasingly affecting global business. The mining industry has struggled to meet production targets, while the operation is hindered by factors ranging from floods and droughts to dilapidated infrastructure and political instability. The setbacks have exacerbated already tight supplies of several metals and minerals, while demand in top consumer China is expected to rebound as the country optimises measures to contain the COVID-19 outbreak.