AKO akora resources limited
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Really resilient and strong market backdrop atm. Iron ore prices...

  1. NonPolar
    342 Posts.
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    22/05/25
    16:52
    Post #: 79152106
    Really resilient and strong market backdrop atm. Iron ore prices holding up strongly. In part decent demand, in part there is a supply issue - resources are depleting and particularly high grade material. Mainstream media has good this narrative wrong for a while. Hence the M&A frenzy from indignity participants of late

    https://gmk.center/en/news/rio-tinto-forecasts-stable-demand-for-iron-ore-in-china/amp/

    And if green steel continues to gain momentum, AKOs resource will be even more attractive given our huge green steel magnetite resource sitting under the DSO.

    https://www.copyright link/companies/mining/china-moving-on-from-pilbara-iron-ore-unfit-for-green-steel-forrest-20250521-p5m0yr
    [afr]
    AKO Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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