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"The US$12.28 billion of projected initial capital expenditure announced in the last quarter is the highest since the fourth quarter of 2014"

"The US$12.28 billion of projected initial capital expenditure announced in the last quarter is the highest since the fourth quarter of 2014" "The US$12.28 billion of projected initial capital expenditure announced in the last quarter is the highest since the fourth quarter of 2014" "The US$12.28 billion of projected initial capital expenditure announced in the last quarter is the highest since the fourth quarter of 2014" "The US$12.28 billion of projected initial capital expenditure announced in the last quarter is the highest since the fourth quarter of 2014" "The US$12.28 billion of projected initial capital expenditure announced in the last quarter is the highest since the fourth quarter of 2014"

A big component of the planned capex spend is coming from copper projects in Latin America

The amount of announced initial capex – investments in new projects – has risen 216% quarter-on-quarter in the first three months of the year, SNL said.

“The US$12.