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China's demand for our iron ore stalls, sending the price for our biggest earner spiralling

November 9, 2022
Source: abc.net.au abc.net.au
News Snapshot:
Australian miners unearth more iron ore than anywhere else in the world — but they want to increase that. Key points: BHP, Rio Tinto and FMG have all lauched new iron ore mines in the past 18 months BHP, Rio Tinto and FMG have all lauched new iron ore mines in the past 18 months The iron ore price has plummeted from about US$240 a tonne last year, to about US$80 now The iron ore price has plummeted from about US$240 a tonne last year, to about US$80 now Experts predict we're nudging the price bottom The big three players,...
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