Ore price nears new high as Chinese demand soars
SURGING demand for iron ore is causing bottlenecks at China's ports and has pushed spot prices to their highest levels since the financial crash.
Australian iron ore exports are set to hit record levels in the year ahead.
The full article is at http://www.theaustralian.com.au/news/ore-price-nears-new-high-as-chinese-demand-soars/story-e6frg6n6-1225813999885
My comment:
It's only a matter of time before this is reflected in the IFE share price in a very big way imo.
iron ore price soars on chinese demand ....
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