FMG 0.34% $17.43 fortescue ltd

Iron ore price, page-48962

  1. 3,315 Posts.
    lightbulb Created with Sketch. 1030
    very similar to iron ore... probably 2-3 years to bring a high cost mine online. Low cost are gobbled up already.

    unfortunately I chose badly and went with AKE. frown.png

    lithium is going through huge growth, both supply and demand. Fine balance but prices will remain high for quite a while IMO. Iron ore is the opposite, low growth in supply and low growth in demand, but prices already healthy but at a very fine tipping point.
 
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