Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Friday, 17 May 2019

Ton up!

Iron ore goes vertical

A budget bonanza heading Australia's way here, with iron ore's 62% Fe benchmark spot price blazing to $101.74 per tonne on Brazil's supply disruption issues. 


With the Aussie dollar now at around multi-year lows of 68.77 US cents there's some serious income on its way from iron ore, coking coal, and LNG exports.

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