Business
Iron ore market seen as the cornerstone of a new commodities super cycle – Stockhead
Investment banks have a price target of $US150 to $US165 per tonne ($197 to $216/tonne) for iron ore ‘Looking at the 2020s, we believe similar structural forces…
Link copied toclipboard
- Investment banks have a price target of $US150 to $US165 per tonne ($197 to $216/tonne) for iron ore
- ‘Looking at the 2020s, we believe similar structural forces to those which drove commodities in the 2000s could be at play’
- Chronic underinvestment in new mines means supply has not kept pace with surging iron ore demand
Many market experts are seeing the early signs of a new super cycle in commodities, including iron ore, that could equal the wild ride that prices experienced…
Continue Reading
-
Noosa News23 hours agoQueensland government and nurses and midwives reach in-principle pay deal after months of negotiation
-
Noosa News12 hours agoPill checking to resume in Queensland months after government axed funding
-
Noosa News22 hours agoBrisbane nation’s third-youngest capital; Leaders condemn anti-immigration rally
-
Business15 hours agoWhy Austal, Boss Energy, Harvey Norman, and NextDC shares are charging higher today