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.
Both big and small miners with interests in Australia have been speaking out against the proposed resource tax plans. Mincor Resources is one company that has already released calculations on the new tax’s effect on the re-opening of its Miitel nickel mine in Western Australia. Read more at http://www.im-mining.com/2010/05/07/projects-progress-despite-australian-resource-tax-plans-and-colombian-mining-code-changes/