No one needs reminding that miners face tough times as commodity prices continue south. But last week Anglo American boss Mark Cutifani reminded investors anyway. In a speech he used the word ‘grim’ to describe the outlook for the industry, in particular for thermal coal. Sure, his words were aimed at Australian policy makers to highlight how regulation is eroding the country’s competitiveness in mining. But producers of thermal coal, which is used to generate electricity, have more than just that to worry about.
不用提醒都知道，随着大宗商品价格持续下跌，矿企的日子会很不好过。但在上周，英美资源集团(Anglo American)掌门人马克•卡蒂芬尼(Mark Cutifani)还是提醒了一下投资者。他在讲话中使用了“严峻”一词来描绘该行业的前景，尤其是热煤的前景。没错，他的讲话旨在影响澳大利亚政策制定者、凸显监管正在如何侵蚀该国矿业的竞争力。但是，热煤（用于发电）生产商需要担忧的事情可不止是这一点。
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