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Nice post RDD. A diversified mining house it is and investments...

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    Nice post RDD. A diversified mining house it is and investments in future facing commodities such as copper and potash prudent and necessary.

    However Iron Ore is still the largest revenue earner at present. Simandou in Guinea is more a 2026 onwards story. In the meantime there is China's ports inventory currently highest since March 2022 (see page 4 chart in link below)

    https://news.metal.com/newscontent/102867278/mmi-daily-iron-ore-report-july-23-

    And Dalian continues to head south as China's much talked about property woes finally reflected in a weaker steel demand.

    https://www.brecorder.com/news/40314124

    .

 
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