FMG 1.91% $21.62 fortescue ltd

Iron ore price, page-17255

  1. 5,734 Posts.
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    Bottom line: Less barriers to a part of the world with strong economic growth= Even more of our stuff on the waters at a pretty good price!

    https://www.google.com.au/amp/s/7ne...-joins-huge-asia-free-trade-pact-c-540460.amp

    “The countries involved produce about 29 per cent of global gross domestic product and account for half the world's population.

    Nine of Australia's top trading partners are part of the deal.

    Resources Minister Matt Canavan said the main impact would be to lift economic growth in southeast Asia, Japan and China.

    This would enable Australia to sell RCEP partners more Australian coal, gas and iron ore and boost resource industry jobs.

    Minerals Council chief Tania Constable said the industry looked forward to RCEP being signed early next year.

    "Much of Australia's $273 billion resources export income and most of the 244,000 jobs in Australia's world-leading resources sector benefit from and are supported by our exports to countries that have collectively worked towards this historic agreement," she said.

    https://www.google.com.au/amp/s/7ne...-joins-huge-asia-free-trade-pact-c-540460.amp
 
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