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Analysis: winds of change blow coldly over Rinehart project

If Western Australia’s iron ore miners thought they had seen the worst of the price slump which sent shockwaves through their industry two months ago they had better think again because “the mother of all market disconnections” is pointing to a second wave of price falls.

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Perth
And yet Fortescue's announcement today stated that they were moving forward on an assumption that the Iron Ore price will "stabilise" at about $120/tonne??? * * It hasn't been $120/tonne for months

Perth
As usual, great insight from Mr Treadgold!

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