Global iron ore shipments have fallen 7% y/y, during the first seven weeks of 2025, amid supply disruptions and weak Chinese ...
But it won’t occur seamlessly, as the miner’s historical main profit-driver, its West Australian iron ore business, wanes even as it ramps up copper and potash as its future earnings and ...
In addition, an Indian iron ore export ban has forced Asian ore consumers to source ore from Brazil and Australia. Thing is, just as the plummeting Baltic Dry Index was a lousy indicator for the ...
"The cost burden could fall slightly, but no one buying iron ore is expecting ... given that Chinese iron ore consumption has been a primary demand driver. The Baltic Dry Index (BDI) has tanked ...
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