"Analysts this week admitted they had no idea how long Vale would be out of the game, except to say that the iron ore price could crash through the $US100-a-tonne barrier and stay there “for quite a time”.
"the cold reality was that it had taken up to 20 per cent out of the global market “almost overnight”.
“It feels like it’s going to be a strong year with gold, lithium, nickel, vanadium and iron ore being the key commodities we are being asked to drill for.”
https://www.perthnow.com.au/busines...t-australias-resources-upswing-ng-b881107471z
Memo to the board and their NZ friends.... Get on with the job of mining iron ore!!!
Not to forget our thoughts and prayers for those lost in the Brazil tragedy.
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