The chip shortage squeezing global carmakers is set to spread to the natural resources sector, the chief executive of Russian gold miner Polymetal has warned, adding to inflationary pressures already afflicting the industry.
Vitaly Nesis said supply-chain problems facing the likes of Toyota would soon hit makers of mining vehicles and machinery.
“Toyota is not special, the chip shortage is very real,” he told the Financial Times. “I’m worried . . . I think this is a major risk.”
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