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.
China has set the first tranche of rare earths export quotas for 2012 with more in reserve for firms that have not yet passed inspections. The biggest producer Baotou Rare Earth is still awaiting environmental approval