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International Warning To Australia On Looming Iron Ore international warning to australia on looming iron ore price threat A new report this week from prestigious international journal The Economist has warned that Australias current iron ore prices are at
‘Brazil produces better iron ore than Australia. If Brazil can continue to find ways to transport its iron ore more efficiently to China, then the Australian mining boom will be under major threat. ‘The development of Very Large Ore Carriers (VLOCs) has meant it is fast becoming as cheap to ship minerals from Brazil and Africa to Asia, as
Institute of Public Affairs Australia's leading free market think tank Thursday nd2 June 2011 INTERNATIONAL WARNING TO AUSTRALIA ON LOOMING IRON ORE PRICE THREAT A new report this week from prestigious international journal The Economist has warned that Australias current iron ore prices are at risk from competition with Brazil and Africa.
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Iron ore prices fall back on more bad news BusinessLIVE. Iron ore has been dragged back into the $60s-range after getting hit by a barrage of bad news, with persistent concern about rising global supply, fresh questions about the outlook for demand in China, and a warning from Australia's central bank that the top buyer may be nearing peak steel.
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Iron ore is heading for the biggest quarterly advance since late 2017 as investors seek to gauge the consequences of the disruption in Brazil, with Citigroup Inc. warning the market has yet to see the full impact of the disaster as a looming mid-year crunch will spur a rally to $100 a ton.
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BHP shows performance steel after iron ore and oil price meltdowns expected to intensify the looming supply deficit. audit of Australia's role in international organisations, warning
"Western Australia is more exposed than most other states because of our reliance on China for iron ore," he said. "The royalties from iron ore sales alone are in the realm of $3–4 billion a
Sep 25, 2007 Rio Tinto Ltd/Plc and BHP Billiton Ltd/Plc each are already spending billions of dollars to expand production in the iron ore-rich Pilbara region of Western Australia to keep pace with demand for ore in China. Their biggest threat may come from Fortescue Metals Ltd, which is seeking funding from China's largest steel maker, Baosteel, and is
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