Contact Us

C o n t a c t U s

Iron ore price keeps falling Australian Mining

The price of iron ore has retreated for the fifth day in a row. After falling to just below $US70 a tonne last week, the commodity finished the last offshore session at $US67.90 a tonne.

Iron ore price jumps as Brazil, Australia shipments

9 小时前 Benchmark iron ore futures in China extended gains for a third straight session, closing at the highest price in five weeks, fuelled by falling supplies from major miners. Shipments from Australia

Iron ore loses steam amid crackdown on Australian

24/03/2021 Image snaps up mineral sands mining lease GFG Alliance defends Tahmoor Coal, OneSteel future Iron ore prices for Australian fines imports to China have recovered to US$160.1 ($210) per dry metric tonne after falling to a six-week low earlier in the week.

Rio to outline plans as iron ore price keeps falling

THE price of steelmaking commodity iron ore continues to fall, placing some Australian mines under water, but mining giant Rio Tinto is tipped to tell the market today it is “full steam ahead

Why Iron Ore Prices Just Fell 3.1% Is Important — It's

25/03/2020 Analysis from Treasury last year stated: ‘ If the iron ore price was to fall immediately to $US55 per tonne, four quarters earlier than assumed, nominal GDP could be around $5.8 billion lower than forecast in 2018-19 and $10.6 billion lower in 2019-20.

'Failed souffle': Warning for Australia as iron ore begins

Vivek Dhar, a mining and energy commodities analyst with the Commonwealth Bank of Australia, said the disruptions that have dogged the iron ore market had subsudied, leading to prices falling amid

Iron ore price drop slows national Australian Mining

Australia has recorded a drop in its monthly trade surplus to $5.9 billion, a figure which is attributed to the fall in iron ore prices throughout August.

Iron ore price hit by biggest monthly Australian Mining

04/09/2019 The price of the commodity has dropped from $US110.65 ($163.62) at the end of July to $US84.64 by the end of August, according to Market Index, as Australian mining companies ramped up lump shipments to China throughout July.

Australia predicts 50% drop in iron ore price

02/07/2019 The Australia government’s office of the Chief Economist estimates iron ore prices would average $80 a tonne this year before falling to an average of just $57 a tonne in 2021 as the seaborne

Box B: The Recent Increase in Iron Ore Prices and

The recent strength in iron ore prices is not expected to drive much of a near-term increase in iron ore production in Australia, beyond what was already in train. Australian export volumes have recovered over the past few months as disruptions have been resolved, but production was already near full capacity before the disruptions, so volumes have little scope to increase much further in the near term

Rio to outline plans as iron ore price keeps falling

THE price of steelmaking commodity iron ore continues to fall, placing some Australian mines under water, but mining giant Rio Tinto is tipped to tell the market today it is full steam ahead for

Falling iron ore prices 'to wipe A$25bn off Australia

Australia says it expects the plunging price of iron ore its biggest export to slash revenue forecasts by A$25bn (£13bn; $19bn) over the next four years.

'Failed souffle': Warning for Australia as iron ore begins

Vivek Dhar, a mining and energy commodities analyst with the Commonwealth Bank of Australia, said the disruptions that have dogged the iron ore market had subsudied, leading to prices falling amid

Top iron ore producer forecasts 50% fall in price

Australia’s chief economist expects iron ore to trade nearly $100/tonne below today’s price by end of next year and no return to triple digits. Top iron ore producer forecasts 50% fall in

Why the iron ore bears will always end up disappointed

09/02/2021 Iron ore is by far Australia’s largest export. At current prices it represents up to 10 per cent of Australian GDP and royalties cover almost 20 per cent of Western Australia

CBA, Fitch latest to forecast iron ore price decline

16/02/2021 Iron ore prices have peaked; that’s the message emanating from a widening group of commodities analysts. Commonwealth Bank of Australia

Iron ore in 2021 is looking like iron ore in 2020

‘Falling steel mill margins in China and rising iron ore port stocks would be catalysts for lower iron ore prices’: CBA ; ASX iron ore companies are rushing to bring on production on healthy demand from China . The fate of the market for iron ore — Australia’s most valuable export at $102bn in the 2019-2020 financial year — is squarely in the hands of its largest customer, China. As

Charted: Why the iron ore price keeps falling

31/03/2015 Iron ore continues to tumble, falling close to 4 per cent over the last week. Here are four charts explaining why. Over the past 12 months, the Australian dollar has fallen 17.4 per cent against

Iron ore drops to 10-year low, could see high cost

25/11/2015 The drop of iron ore prices to a 10-year low overnight could see high cost producers in Australia collapse next year, a leading resource analyst says.

Box A: The Effects of Changes in Iron Ore Prices

The fall in the iron ore price over recent years has reduced royalties for the Western Australian Government and company tax receipts for the Australian Government. During the mining boom, governments responded to the increase in the tax base by lowering the average tax rate for households, and increasing expenditure and transfer payments. As the iron ore price has fallen from its peak

Falling iron ore prices 'to wipe A$25bn off Australia

Australia says it expects the plunging price of iron ore its biggest export to slash revenue forecasts by A$25bn (£13bn; $19bn) over the next four years.

'Failed souffle': Warning for Australia as iron ore begins

Vivek Dhar, a mining and energy commodities analyst with the Commonwealth Bank of Australia, said the disruptions that have dogged the iron ore market had subsudied, leading to prices falling amid

Why the iron ore bears will always end up disappointed

09/02/2021 Iron ore is by far Australia’s largest export. At current prices it represents up to 10 per cent of Australian GDP and royalties cover almost 20 per cent of Western Australia

End of the mining boom: iron ore’s price slump affects all

The falling iron ore price may be affecting you more than you might think. Source:Supplied “Each $1 hit on the iron ore price knocks about $250 million a year out of government revenue,” he said.

Why is everyone talking about the iron ore price? // The

Australia likes selling China iron ore, as well as coal. A couple of days ago, Treasury was cheering about the iron ore price as the mid-year economic and fiscal outlook approached. That’s

Charted: Why the iron ore price keeps falling

31/03/2015 Iron ore continues to tumble, falling close to 4 per cent over the last week. Here are four charts explaining why. Over the past 12 months, the Australian dollar has fallen 17.4 per cent against

Iron ore prices tipped to fall The West Australian

But this will be evened out by total production being tipped to lift, increasing the total export revenue generated good news for WA which makes up 99 per cent of the national iron ore mining industry. “Iron ore supply shortages driven by the tailings dam collapse in Brazil are expected to be worked through over the course of the coming

This is what will drag the iron ore price back down

29/05/2019 This year the market is littered with early sellers of iron ore’s prospects. That strategy has clearly failed so far. Iron ore prices have reached five-year highs. Yet steelmaker share prices

Australia’s iron ore miners exploit supply gap as Covid

Australia’s iron ore miners exploit supply gap as Covid-19 hobbles rivals . Technology and policy help BHP, Rio Tinto and FMG capitalise on buoyant Chinese demand. The mining groups’ ability

Australia’s Iron Ore Product Quality Geoscience Australia

Australia’s iron ore production has seen strong growth over the past five decades and over this period of time a very significant change in the blend of Australian iron ore production has occurred. Initially there was a clear preference for the mining of Premium Brockman ores in the Pilbara, although these large resources are being depleted over time. This is reflected in Premium Brockman