Fitch lowers mineral output forecasts for 2020 in light of mine stoppages

Research agency Fitch Solutions has revised downwards some of its mineral production forecasts for this year, in light of increasing operational disruptions while Covid-19 continues to spread globally.

For example, Fitch revised its production forecast for copper to 20.28-million tonnes, from the 20.3-million tonnes expected previously. It also expects a decline in nickel production to 207-million tonnes, compared with its forecast of 269-million tonnes previously.