If you’re wondering why the outlook for iron ore remains grim despite last night’s price rise to a three-month high of $US63.10 a tonne, it is partly because Western Australia’s iron ore miners have a new competitor – themselves.
If you’re wondering why the outlook for iron ore remains grim despite last night’s price rise to a three-month high of $US63.10 a tonne, it is partly because Western Australia’s iron ore miners have a new competitor – themselves.