MINER'S RIGHT

The start of an overdue iron ore correction

It’s been a long time coming but without another sudden fall in supply, the iron ore boom which has propelled BHP, Rio Tinto and a number of other miners to record earnings is coming to an end.

Tim Treadgold
The start of an overdue iron ore correction

A sharp drop late last week in the price of the most widely traded form of the material, ore containing 62% iron, not only saw a fall below US$200 a tonne but came with warnings from investment banks that...

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