in terms of glencore, hallett fair compared to some of its rivals? —— how will it fare.mand for most medals rising, and that comes after a period of relatively slow growth. demand across the globe is rising. the china dominic situation in china —— the situation in china and the us, they grow well. a lot of the miners have not invested a lot in mines in the past few years when prices were weak. now prices are going up and we hope to see them invest more in the minds so that there is more metal available. —— mines. they should come out with robust numbers like bhp billiton and others have done so far. but what about the future? we mention some of the challenges facing glencore. at the challenges facing glencore. at the same time, they are in a sweet spot. they can afford to reinvest and look at capital expenditure after yea rs of not and look at capital expenditure after years of not feel to do so. you make that is right. across the mining space, we see an increase in mining space, we see an increase in mining investment. but to put it in context, we have had a protracted