A tiny bit less ore in the market now
The collapse in iron ore prices has claimed its first victim after listed junior producer Venture Minerals suspended mining operations amid market volatility.
Iron ore prices have halved since mid-May and slid to $US106 a tonne overnight due to China's steel output cuts.
Venture said it had suspended operations at its Riley iron ore mine in Tasmania as it assesses the rapid change in the market.
"Iron ore prices have declined significantly from highs of over $US230 per tonne to the current price of $US106 per tonne," Venture said on Friday.
A tiny bit less ore in the market now :) The collapse in iron...
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Last
$23.20 |
Change
-0.220(0.94%) |
Mkt cap ! $71.43B | |||
| Open | High | Low | Value | Volume |
| $23.46 | $23.49 | $23.04 | $104.4M | 4.486M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18833 | $23.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.20 | 6082 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$23.24 |
Change
-0.220 ( 0.46 %) |
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| Open | High | Low | Volume | ||
| $23.47 | $23.49 | $23.04 | 1188146 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| FMG (ASX) Chart |