14
Feb
09:18
Peru's SHP posts improved profit in 2019
Peruvian iron ore producer Shougang Hierro Peru (SHP) saw net profit and revenue both increase in 2019, Kallanish learns from the company. The miner also improved its production and sales indicators.
“The company’s financial performance has mainly improved due to the strong increase of iron ore prices year-on-year in 2019 and improving iron ore exports,” SHP says.
During the fourth quarter 2019, SHP invested $139 million in a…
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