Mining poised for a wave of M&A in 2020
The mining sector could see a sharp uptick in M&A in 2020
Analysts provide "three compelling reasons"
Major miner gets closer to 360Mt per annum iron ore, with high-end guidance of 350Mt for 2019.
Analyst says market has priced in US$8B fine from DOJ and dislikes copper and coal prospects
Bernstein analyst puts sub-US$10,000/t long-term price on lithium, which has had a tough 2018
Target price upped to £21 from £18 on a number of positives
Fall in share price, copper price not expected to be a long-term trend
Increases seen in most mined commodities, full-year guidance maintained
Full-year 2019 guidance set at higher 750,000-790,000t
Minas-Rio work expected to be completed in December quarter
Bernstein analysts forecast long-term price of US$75/t to attract investment