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.
New taxes don’t seem to be deterring the expansion of Australia’s coal industry. A conference in NSW has been told that thermal coal exports should triple in the next ten years. Driven by demand out of Asia, the industry will be enabled by a major…