Tag Archives: Iron ore

West Australian premier Mark McGowan attributed his hard border strategy for the rebound in the state’s economic fortunes. But it was the booming iron ore price that pumped an extra $2.3 billion into Treasury coffers.

But the raging bushfires were the sign that Australia's luck had run out: "By participating so eagerly in the mining boom, Australia might also have been helping to dig its own grave. Fossil fuels are driving climate change;

A strong lead from the US overnight could see a rebound today, and the ASX SPI200 futures index is pointing in that direction, up 11 points to 5813 points.

Let’s get a few things straight. In recent times we’ve seen a swag of analysts and apologists grabbing at the pearls as they worry that “China will cut off Australian iron ore”. Some are even contending that the recent slow disembarkation at Chinese ports is evidence of such,

Australia, the world’s biggest iron ore exporter, predicts a rally in prices may plateau and warned of risks to demand given the market’s reliance on China’s steelmaking industry.The seaborne market s