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.
Ur-Energy is almost ready to start construction at the Lost Creek uranium project after being awarded a permit to mine from the state of Wyoming. Meanwhile, Cameco has signed a strategic alliance to advance uranium exploration in Argentina. However the future of Hanlong’s bid for Bannerman Resources now looks uncertain.