Company Performance in Non-ferrous Metal Markets

Based on Slade's profitability model tests of non-ferrous metal miners and Crowson's qualitative assessment of the industry's profitability this dissertation focuses on the quantitative profitability analysis of non-ferrous metal markets and its participants from 2002 until 2012. To contribute to a better understanding of these markets we analyze how miners have coped with the highly dynamic market environment and what drove their profitability during the commodity supercycle.