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Iron ore miners enter a decommoditised world

‘Quality over quantity’, or ‘value over volume’, is the new tune being played in the iron ore world, and it has just claimed its first victim in Australia with a move to close the Koolyanobbing mine earlier than planned.

Iron ore miners enter a decommoditised world Iron ore miners enter a decommoditised world Iron ore miners enter a decommoditised world Iron ore miners enter a decommoditised world Iron ore miners enter a decommoditised world

Iron ore will rely on its grade to make it out of port at a decent price

Interestingly, the oddly-named mine in Western Australia might not be the last project to be hit by a sea-change called ‘product differentiation', which is washing over iron ore.
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