[ad_1] (Bloomberg) — Valterra Platinum Ltd. mentioned first-half revenue fell 91%, after flooding at a key mine lower manufacturing and the corporate incurred prices throughout its latest spinoff from Anglo American Plc. The Johannesburg-based miner slashed its interim dividend to 2 rand per share, a drop of 79% from a yr earlier, in line with … Read more
[ad_1] (Bloomberg) — Brazil’s Vale SA iron ore manufacturing within the second quarter beat estimates, pushed by an output report from its flagship mine in Brazil. The key iron ore provider delivered 83.6 million metric tons for the three months ending June 30, it mentioned in a Tuesday report. Analysts tracked by Bloomberg anticipated the … Read more
[ad_1] (Bloomberg) — Phillips 66 is maximizing diesel manufacturing to make the most of robust demand and would think about investing in initiatives that give its refineries larger flexibility to tweak gas output to match altering consumption patterns. The refiner reported second-quarter earnings on Friday that topped analysts’ estimates, with wider-than-expected margins boosting revenue in … Read more
