FMG 3.61% $20.10 fortescue ltd

Iron ore price, page-53958

  1. 3,907 Posts.
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    FMG also starting top sell more of its higher grade iron ore which makes them more money.

    I can't see IO prices going below $80US/T.
    Simply won't happen.

    China building 4000 new coal power stations and need IO for that to build these coal power stations.
    Also China is arming itself as is many countries and China also going solar panels and EV's and again
    need iron ore for that.

    K Harris has released a $1.7 trillion budget plan she is going to do when she is elected president and that will
    see all our shares sky rocket.


 
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