Sentences with phrase «ore prices remain»
Atlas Iron and BC Iron have both reported big losses following impairments and a race to cut costs as iron ore prices remain depressed.
https://www.businessnews.com.au/ Not exact matches
The volatile iron ore price may have prompted reduced investment but many miners remain on track.
Atlas Iron has reduced the size of its board and cut pay for the remaining directors to help reduce costs amid weak iron ore prices.
If you're wondering why the outlook for iron ore remains grim despite last night's price rise to a three - month high of $ US63.10 a tonne, it is partly because Western Australia's iron ore miners have a new competitor — themselves.
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.
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.
Australia's iron ore producers need to remain disciplined as they prepare to develop the next generation of mines at a time when prices are forecast to soften.
• Iron ore prices have partially recovered after a period of rapid decline but Rio Tinto expects them to remain volatile in the near future.
Prices would remain high with the market for coal, copper, iron ore and other basic materials operating in deficits.
The entire MLS infrastructure remains fully rooted in Seller Agency from the monthly press releases issued by ORE on selling prices to false claims that real estate is a great financial «investment» to claims of a market being «HOT» or «supply low» when in fact it is the incompetence of Buyers Agents that allows this nonsense to continue.