Cadence Iron Ore Update – Record Iron Ore production recorded by BHP in latest Operational Review

BHP OPERATIONAL REVIEW FOR NINE MONTHS ENDED 31 MARCH 2020 Our highest priority is the safety, health and wellbeing of our workforce and communities. We have taken action to reduce the spread of COVID-19.   Our financial position is strong. Underpinned by our low-cost operations, our business is resilient and expected to continue to generate solid […]

#KDNC – Supply Disruptions Raise Morningstar Near-Term Iron Ore Price Forecasts

A STOCK STRATEGIST INDUSTRY REPORTS by Mathew Hodge Near-term tightness in the iron ore market has persisted and intensified, with several developments in Brazil further restricting  Vale’s (VALE)supply and Cyclone Veronica off Australia interrupting Pilbara shipments. We’ve factored in a reduction of another 20 million tonnes in Vale’s output in 2019 and 10 million tonnes in 2020. […]