Sentences with phrase «surging iron ore prices»
Surging iron ore prices have boosted Rio Tinto's tax payments to Australian governments, but its Singapore marketing hub remains a sore point with the ATO.
http://www.afr.com/ Not exact matches
After the U.S. elections, prices for copper and iron ore, used in building and construction projects, surged amid hopes for increased infrastructure spending.
Gold, iron ore and oil prices are seeing a rebound at the moment with many analysts believing that commodity prices have «bottomed out» and are eyeing gains, but Goldman Sachs has issued a warning on the current surge in commodities arguing that it is «not sustainable.»
Those winter shutdowns were expected to dampen demand and prices for Australian iron ore and coal in particular, but prices for both commodities have remained strong; iron ore prices have surged 26 per cent since October 31 to be fetching $ US77.74 per tonne on Tuesday, according to Metal Bulletin.
Australia's live cattle exporters could soon enjoy another surge in prices as turbocharged demand from China makes beef the new iron ore.