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Russia’s invasion of Ukraine has led to ‘windfall gains’ for Australian companies

From news.com.au

Russia’s invasion of Ukraine has led to “windfall gains” for Aussie mining companies, a new report shows. Deloitte Access Economics has looked at the war in Ukraine and its implications for Australia’s resources industry as part of its Investment Monitor, which analyses major engineering and commercial construction projects. Russia is a key energy exporter and sanctions over its war in Ukraine have led to sharp increases in the prices of iron ore, coal, gas and base metals. “Russia’s invasion of Ukraine has led to windfall gains for Australian producers of iron ore, coal, gas and base metals,” Deloitte partner and ... (full story)

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  • Category: Fundamental Analysis