Ann: Venture takes major step towards Riley Iron Ore production, page-137

VMS is on the winner according to another expert predicting stronger Iron Ore Price as well as shortage of TIN...

On the macro front, Le Page said there were some interesting GDP numbers coming out of China.

Projected growth for the second quarter is 1.5 per cent but is heading to 6 per cent by the fourth quarter of 2020, Le Page says.

Iron ore continues to hold strong as steel demand also picks up in China.

“We’re seeing quite strong steel demand, which is up 7.2 per cent year on year,” Le Page said.

“Steel imports are down about 34 per cent and there was a 4 per cent increase in iron ore imports on the back of a dramatic drop in South American imports, so that bodes well for Australian iron ore.”