Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI
Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend.
BHP has hired Dominic Perrottet, the former leader of Australia’s most populous state, as a US government and external affairs liaison in Washington, United States, spokespeople for both parties said on Friday.
Perrottet, 41, led the state of New South Wales (NSW) for Australia’s conservative Liberal party between 2021 and 2023, having previously worked as state treasurer, and after a decade in state government.
He will be accompanied by his wife and seven children on his trip to Washington with his new job to begin in the coming weeks, the Australian Financial Review earlier reported.
Perrottet has previously worked on reforms to the state’s tax systems, selling off public assets to bankroll major infrastructure, and a push to reopen the state after the Covid-19 pandemic, among others.
(By Melanie Burton; Editing by Janane Venkatraman)
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