COVID-19 is a tragedy for Brazil but it is having a positive affect on Australia's IO exports and prices - yes, that is a bit insensitive on my part.
Pity Southdown is not up and running.
Below is a snippet from one brokers report.
Australian Iron Ore Exports to China increased 7% totalling $13.59B in May as global supply fell due to health concerns in major producing countries (Brazil) are affecting output.
COVID-19 is a tragedy for Brazil but it is having a positive...
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