As the most heavily invested, they have the most experience using cheap debt to create value. But, with commodity prices beginning to drop, even the most bullish companies are reassessing ambitious investment plans – a trend reflected in the Brazilian mining giant Vale’s recent decision to put its investment in Guinea on hold.
力拓等全球矿业公司正日渐与中国等新兴经济龙头一起支持发展。作为出手规模最大的投资者，它们拥有最丰富的利用廉价债务创造价值的经验。但是，随着商品价格的下跌，即使最有信心的公司也在重新评估雄心勃勃的项目——巴西矿业巨头淡水河谷公司最近搁置其在圭亚那的投资便是明证。