PGMs, iron-ore, coal drag mining production down by 2.7% in January
Statistics South Africa reports that mining production decreased by 2.7% year-on-year in January, with the largest negative contributors having been iron-ore, platinum group metals (PGM) and coal. These sectors decreased output by -15.1%, -3.8% and -4.4%, respectively, in the month and contributed -2.7, -1.1 and -1 percentage points to the headline figure, respectively.
Statistics South Africa reports that mining production decreased by 2.7% year-on-year in January, with the largest negative contributors having been iron-ore, platinum group metals (PGM) and coal.
These sectors decreased output by -15.1%, -3.8% and -4.4%, respectively, in the month and contributed -2.7, -1.1 and -1 percentage points to the headline figure, respectively.
