Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Thursday 13 June 2019

Multi-year highs for iron ore

Oresome

Iron ore goes...boom!

Iron ore spot prices soared to multi-year high today, with Dalian iron ore futures also hitting a record high. 


The spot price for 62% Fe iron ore closed at above US$110/tonne.

Record iron ore revenues, and a huge boost for tax receipts.