In today’s Daily Reckoning Australia, everybody loves to talk battery minerals, but iron ore is still where the big money is. Iron ore is back to a booming price of US$120 a tonne. Everybody is always worried that the iron ore market will go into oversupply and kill the price, but here’s another scenario worth thinking about…
All the Latest Iron Ore News and Developments
Australia is the largest iron ore producer in the world. Iron ore is Australia’s biggest export earner. In 2014 it contributed around $75 billion in export revenues, providing a major source of income for the country.
Two Commodity Predictions for 2023 (Part One)
Today’s Money Weekend is a special edition from our commodities expert James Cooper, who makes two bold predictions for commodity markets in 2023, including his number one commodity pick. In his own words, this commodity is set to follow in the wake of lithium’s strong outperformance in 2022. Read on to find out more. And if you’re interested in following James’s research and investment recommendations in the commodities market, be sure to check out his new advisory, Diggers and Drillers.
This Is How the Next Mining Boom Begins
In today’s Money Morning, an official ruling in Canada highlights the growing tussle over mining investment. The lithium market continues to highlight how demand and supply issues will dominate a new commodities cycle. We’re headed for a new ‘Age of Scarcity’. Learn how you can prepare for and even profit from it…
Commodity Stocks’ New Hierarchy
In today’s Money Morning, the Department of Industry expects metals like copper, nickel, and lithium to earn $33 billion in 2022–23, double what they earned in 2020–21. This paves the way for a reordering of the commodity hierarchy. How can investors benefit? Read on to find out…
Housing Halloween Horror Show? Nope!
In today’s Daily Reckoning Australia, Callum reveals a classic contrarian signal that shows a sector to consider today for the next 2–3 years. It’s worked before!
How the EU is Juicing the Iron Ore Boom
Looky here, iron ore is back to US$150 a tonne. Perhaps you’re thinking what I am? Something doesn’t square here.