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06 Nov
11:46

SHP improves nine-month profit on higher ore price

Peruvian iron ore producer Shougang Hierro Peru (SHP) saw net profit and revenue both increase in the first nine months of 2019, Kallanish learns from the company. “The company’s financial performance has mainly improved due to the strong increase of iron ore prices year-on-year in the period from January to September,” SHP says. During the third quarter, SHP invested $74.7 million in a series of improvements at its opera…
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