Price of Iron ore is at 52 week high - US $127
With inflation expected to subside across globe in 2024 and interest rates just about reached its peak , we should see better economic conditions next year with expected increase in demand from China , there is expectation that iron ore price should remain around $130 - $140 mark over the next year
Maybe things are lining up perfectly for us.
Ann: NBR DSO Iron Ore Project Permitting Advances, page-120
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