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Top News In உலகளாவிய ஆஸ்திரேலிய Today - Breaking & Trending Today

Market may be underestimating iron ore boom


Market may be underestimating iron ore boom
Analyst models expect the sky-high iron ore price to plunge 30 per cent in the next 10 weeks. But our mining giants have a different view of Chinese demand.  
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Things could hardly be better for BHP and its shareholders.
With just 2½-months to go in the financial year, the mining giant’s March quarter production numbers released on Wednesday suggest it is on the cusp of beating its own iron ore export target for shipments in the full year of 286 million tonnes.
Better yet, the strong performance – arguably stronger than that of Rio Tinto, which dug into iron ore stockpiles during the March quarter – comes amid a demand boom that has sent iron ore prices to record levels in Australian dollar terms, and near all-time highs in US dollar terms. ....

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Martín López-Zubero, treinta años de un oro mundial que cambió la historia

Martín López-Zubero, treinta años de un oro mundial que cambió la historia
mundodeportivo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mundodeportivo.com Daily Mail and Mail on Sunday newspapers.

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