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.
The April issue of IM includes the penultimate article on PT Freeport Indonesia (PTFI) and looks at oreflow to the concentrator and overburden handling. Obviously an operation of this size employs hundreds of kilometres of conveyor belt. Cleaning those belts properly is vitally important and relies on Martin Engineering belt cleaners. (more…)
