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.
“Last year, we lost about P10.4 billion in opportunities,” said Mr. Disini, pointing out that some companies that considered the Philippines as a possible area for investment decided to look elsewhere due to the current confusion over the country?s mining…