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Raw material prices recover tentatively as firms cut capex

Share prices of Shell, Rio Tinto, Anglo American surge despite very poor results
Thursday, February 18, 2016 - 05:50

London

SHARP cutbacks in mining and energy corporate capital expenditure and lower supplies have brought about a  tentative recovery in raw material prices.

Indeed, despite exceedingly poor results of Shell, Rio Tinto, Anglo American and other major raw materials companies, their

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