XSO 1.28% 3,187.8 s&p/asx small ordinaries

Iron ore @$99 is now probably cheap...iron ore not part of CRB I...

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    Iron ore @$99 is now probably cheap...iron ore not part of CRB I don't think?, but probably should be

    Re BHP...I suspect it sees a much greater part of its income from other commodities in the future..copper for sure
    RIO certainly looking to diversify...lithium and copper.. and re-align for future growth

    As for iron ore/steel demand..China's growing car industry will create significant ongoing demand for steel???
    Last edited by snout: 15/08/24
 
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