MARKETS

News Wrap

IN THIS morning's News Wrap: Miners at risk as iron ore prices fall on China stock glut fears; a...

Lou Caruana

Miners at risk as iron ore prices fall on China stock glut fears

A sudden drop in iron ore prices to six-month lows as China heads into New Year holidays with its steel mills fully stocked has led to predictions of further steep falls in Australia's biggest export, according to The Australian.

But consensus on the outlook for the rest of the year is not all bleak. Some analysts tip another strong year for prices despite a surge in production by Rio Tinto and Fortescue Metals Group.

CEOs call for big infrastructure spend

Australia’s crumbling cities and ports are weighing on the economy and causing major headaches for the country’s leading chief executives, sparking calls for a massive injection of infrastructure spending, according to the Australian Financial Review.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions