Sentences with phrase «slump in the iron ore price»
As miners deal with the reality of a prolonged slump in the iron ore price, Fortescue Metals Group is quietly going about the business of building the state's third magnetite mine and processing plant.
https://www.businessnews.com.au/ Not exact matches
The value of Australian iron ore exports is expected to fall next year as strong growth in production volumes is offset by a slump in prices to a forecast $ US52.10 per tonne in 2016.
Iron ore prices have slumped to $ US104 a tonne in recent days, yet Mr Power said it could soon rebound as high as $ US150.»