BHP Billiton Ltd [ASX:BHP] and Rio Tinto Ltd [ASX:ASX] are the largest producers, followed by Fortescue Metals Ltd [ASX:FMG]. Discover ‘The Explosive Potential of Australian Penny Stocks’. Prices are indicative and may differ from the actual market price. Iron ore practically saved our economy from a recession single-handedly. Likewise, one of the best ways you can skyrocket your portfolio is to invest in silver and gold stocks. Iron ore shipments to China from Australia's Port Hedland rose by 16% in December from a month earlier, despite a short weather-related shutdown, the Pilbara Ports Authority said on Friday. Both Aussie companies produce a lot of iron for the world market and China is one country with high demand for it. In 2011 the Financial Times has speculated that iron ore is "more integral to the global economy than any other commodity, except perhaps oil ". Our financial analysts bring you investment ideas that can help keep you ahead of the game and assist you in making profitable investment decisions now…and in the years to come. Leverage the expertise of our financial analysts, to invest in everything from blue chips and small caps, to dividends, tech stocks, mining shares, bonds and more... to help grow your wisdom and your wealth. Plus, provide you with informed suggestions as to which investments could best shelter and grow your wealth in these turbulent times. In 2014 it contributed around $75 billion in export revenues, providing a major source of income for the country. Discover investment opportunities that the mainstream advisors and the majority of investors either overlook or just simply don’t know about…until it’s too late to act. Commerce Policy | The news agency has also reported that a China-backed consortium won a $14 billion government tender in Guinea to bring the Simandou iron ore deposit into production by 2025. Here you’ll find some interesting perspectives on the steps you should take to keep your portfolio afloat. November 26, 2020. All advice is general in nature and has not taken into account your personal circumstances. We don’t claim to have all the answers, but we can let you know which factors affect your wealth the most. Today's emerging markets could be the powerhouse economies of tomorrow. But can iron ore stocks still make money for you...or is the dream run about to end? Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Despite China’s robust growth, the iron ore price is volatile. Looking to invest in these precious metals, but don’t know where to start? Learn how a rise or fall in the Aussie dollar can affect your portfolio. Stock quotes by, Plus500. Uncover invaluable insights on global real estate markets around the world — including everything from struggling housing off-the-radar residential and commercial investment opportunities that you won’t have heard about. It rose to a high of nearly US$180/tonne in 2013, before plunging to around US$40/tonne in late 2015. December 15, 2020. According to the Australian Financial Review (AFR), a top official on behalf of China’s steel industry said Beijing was getting ready to crackdown on soaring prices.Iron ore market has also been hit by supply disruptions, as weather plagues supply chains. Hellenic Shipping News Online Daily Newspaper on Hellenic and International Shipping China is reportedly planning to build at least two ‘globally significant overseas iron ore mines’ by the year 2025 to boost supply. Including: how to buy gold bullion, what the latest gold price moves mean and buying gold stocks. China’s economy has been a powerhouse in recent years. But is this as good as it gets for these companies? Find out here... Dividend shares can grow your wealth in both an up and down market. What happened to the BHP share price? But is the price and conditions right to invest in one – or all of these wealth preservers? Labrador Iron Ore Royalty Corporation - Cash Dividend for the Fourth Quarter of 2020 - $1.80 Per Common Share. Made In NYC | The economy is rebounding … Iron ore opens new year with a bang as Chinese crude steel output set top one billion tonnes for the first time. Plus, discover the financial markets to take advantage of when major currencies like the US dollar, Euro, Yuan and Yen shift in value. But is it too soon to call the end of this financial, military and political empire? What you’ll find is an enlightening perspective on the Australian and global economy, that can provide useful insights for your investment decisions. Learn more about the gold market, and discover the best ways to invest in gold. Learn about investing in crypto like Bitcoin and Ethereum. Free Report: ‘Why Your Bank Dividends Could Be Under Threat’, Another Mining Boom — Why Iron Ore Is the Gift that Keeps on Giving, Why Iron Ore Prices Just Fell 3.1% Is Important — It’s Australia’s #1 Export. Learn how advances in technology translate into investment opportunities, and which technology stocks and investments we think have potential to make money. But not all dividend stocks are the same. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment. Investing insights that could introduce you to some of the most profitable investment opportunities in Australia...and around the world. © 2021 Insider Inc. and GmbH (Imprint). Gold’s poorer cousin – or is it? So investing in energy stocks is a worthwhile addition to your portfolio. When economies are growing, the need for steel in construction increases which drives the price up. Iron ore production is a ‘scale’ game. That’s why Australia’s three big producers, as well as Brazil’s Vale, dominate the global market. And now, in 2020, we’re seeing iron ore do it again. Don’t just follow the news on the global economy — get an inside peek into what’s happening in developed and emerging economies around the world – and what it could mean for your investments. Australia is the largest iron ore producer in the world. Iron ore remains the most bullish commodity of the year, with prices fuelled by Chinese demand and supply disruptions in Brazil, along with bullish sentiment. Iron ore inventories at Chinese ports have dwindled away to the lowest level in more than two years. Resources Minister Keith Pitt has ruled out slapping tariffs on Australian iron ore exports to China as a trade war worsens by the day. Either way, you need to make sure your investments are on the right side of the trade. Australian government commodity forecaster the Office of the Chief Economist (OCE) has raised its forecast for Chinese iron ore demand in 2020 but cut its projection for Brazilian exports by over a quarter. All rights reserved. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel—98% of the mined iron ore is used to make steel. Building on its multi-month highs, iron ore prices have risen 8% this month, and over 50% this calendar year, to reflect a post-market buying frenzy over supply issues.Australia’s top export reached US$110.20 on SPGlobal’s iron ore index (IODEX), the highest in five years dating back April 2014. A Sleeping Giant Awakes — What is Going on in Financial Markets? ... Other Times Group News Sites. To see which oil and gas stocks are worth watching, and potentially investing in, go here... It’s been one of Australia’s biggest exports and one of the biggest money-makers for the Aussie economy. The more you can produce, the better and cheaper it is. You’ll find such insights right here. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. While useful for detecting patterns, the past is not a guide to future performance. The commodity’s prices started increasing in 2020 and are expected to … Click here for more. Learn all about these companies in this section. The US economy is drowning under the weight of its public and private debt. business; China chastens BHP, Rio over ‘failed pricing’ on iron ore. Australia’s two biggest iron ore producers have been called in for a dressing down by China’s peak steel industry body. Currency markets affect everything, so it pays to follow currency moves carefully. Property bubbles have helped cause many of the major financial crises happening in the world right now. Global economic growth is the primary factor that drives its supply and demand. Red-hot iron ore dents huge budget deficit. “For instance, iron ore exported from India returns to our country with value additions," he said, while stressing the need for freezing iron ore exports. Only time will tell. Click here to learn more. It will have a big effect on the Australian governments bottom line... BHP’s results missed analyst expectations, despite a record full year total dividend of $US2.35 a share. The Eurozone is in a huge mess right now. Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes. 11:27am, Dec 14, 2020. They are investment ideas that could make you rich, protect your wealth — or both. But how do you know where to look? Fake Revolutionaries — A Pointless Attack on the US Capitol. News Red-hot iron ore dents huge budget deficit. Is this as good as it gets for FMG, Rio and BHP share price? Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. China is the largest consumer of iron ore, and most of Australia’s iron ore exports go to China. Go here for more. The Aussie house price boom could well be at an end, and the housing bubble about to pop. Rising Iron Ore Prices Could Benefit Brazil’s Trade Balance. Learn how you could beat regular property market returns, by investing a fraction of the usual outlay, here... Make no mistake, the financial system is unravelling. As of January 8, iron ore inventories across 35 ports tracked by SMM totalled 116.89 million mt, a decrease of 2.16 million mt from the previous week and up 3.15 million mt year-on-year. Go here to find out which ones are most likely to influence the world markets in the near and long term, and discover the best ways to profit from their meteoric rise. Whilst the silver market is highly volatile, this means you can also buy silver at a bargain when the silver price dips. For more on investing in silver and silver stocks, go here…. If iron ore prices fall below that and keep falling this is bad news. More on that here. The nation consumes about 1bn tonnes of iron ore a year, a little over 60% of which comes from Australia. There were two main catalysts that led to the demise of BHP’s share price. Registration on or use of this site constitutes acceptance of our, Commodities Corner: Here’s what’s in store for industrial metals, after the 2020 rally for steel, iron ore and copper, Port Hedland kickstarts LNG transition for iron ore exports, Trek gains Fortescue, De Grey-endorsed gold, iron ore targets, 4 Stocks to Grab as Iron Ore Price Rally Continues in 2021, Eli Lilly rockets 14% after experimental Alzheimer's drug slows rate of decline in trial, Bitcoin plummets by the most since March as a stronger dollar and investor nerves strip off nearly $140 billion in cryptocurrency market cap, Facebook sees $34 billion erased from market cap as Trump-ban fallout continues to spook tech investors, Twitter loses $5 billion in market value after Trump is permanently barred from the platform. We can help you do this right here... Arguably two of the most important commodities to monitor — nothing quite sends world market into a flurry like the oil and gas price. Copyright © 2020 Money Morning Australia | ACN: 117 765 009 / ABN: 33 117 765 009 / ASFL: 323 988, Free report: Four standout Aussie stocks to stick in your portfolio ASAP. But most importantly, they’ll try and let you in on these insights before they become the next ‘missed opportunity’ of the investment mainstream. Blue chips might be the biggest shares on the stock market – but are they the best way to get rich? At Money Morning our aim is simple: to give you intelligent and enjoyable commentary on the most important stock market news and financial information of the day - and tell you how to profit from it. Discover the latest insights on global and Australian share markets right that you can buy, sell and trade shares, with minimal loss and for maximum profits. Volatility will keep presenting investment opportunities in the mining and resources sector. More than just Australian stock market news...learn which ASX shares are worth paying attention to and which you should avoid. Learn about the kind of dividends that can bring you a stream of income, for years to come. And the current debt crisis is escalating at an alarming pace. If you’re new to investing in the stock market, this definitive guide will show you the ropes so that you can begin buying and selling shares with confidence. Are there investment opportunities to be still had from China, and how will they affect your wealth at home? Check out our latest articles here. Spot iron ore prices rose to around $130 a dry metric ton on Tuesday, according to commodity price reporting agency Argus. The latest news on iron ore mines and properties, mining companies and iron ore prices. IOC produces seaborne iron ore pellets; and produces and processes iron ore concentrate and pellets. Story continues “There is the impetus to continue existing trading patterns given the large amount of iron ore imports from Australia.” It also noted the active status of iron ore during the tail end of 2020, with the Dalian Commodity Exchange iron ore futures gaining almost 40 per … Why BHP’s Share Price Fell 1.77% Yesterday| ASX: BHP, Iron Ore Prices Slump Back Down after Chinese Market Complaints, Iron Ore Price Continues to Rise as Chinese Economy Maintains Strength, Fortescue Metals Group Share Price Dips 5%, What the Future Holds for Woodside Petroleum Shares (ASX:WPL). Learn how to defend your financial assets against the wealth destroying monetary policies of the RBA, the US Federal Reserve and the rest of the world’s central banks...and discover the best ways to make money in a high or low, interest rate environment. Iron ore prices continue to rise, with 58% fines leading the way as the Chinese economy continues to maintain its strength, despite the threat of more tariffs. Iron Ore mining, investment and price news from More importantly, what consequences will this have for Australia and your investments? So how can you protect and grow your wealth in a financial crisis? The FMG, Rio and BHP share prices are strongly correlated as they are all heavily focused on iron ore. Labrador Iron Ore Royalty Corporation (TSX: LIF) - Iron Ore Company of Canada Reaches Agreement with Innu Communities. There are still profitable mining stocks and resource shares out there — you just have to know how, and where, to find them. December 4, 2020. News in English for Rio de Janeiro and Brazil. China to accelerate work on iron ore projects in Australia and Africa Deal News 11:36 ERG begins iron ore production in Brazil Kallanish 08:14 WEEKLY IRON ORE WRAP: … It then recovered to around $90/tonne, before falling again. Can it hold it together or will, one-by-one, member states leave the Euro and go at it on their own? Latest News. But times are a changing and China, for better or worse, is a subject of heated debate. Iron ore Top news stories. Australia is the largest iron ore producer in the world. IRON ORE DAILY: Seaborne prices rise; portside high-grade fines attract buyers . Uncover a real world view of the current property market and discover some of the best ways you can secure your wealth, in a rising or falling real estate market. Why the Liontown Resources Share Price is Volatile (ASX:LTR), Splitit Share Price Up on New Google Japan Partnership (ASX:SPT), Wisr Share Price Gets Boost from New Loan Numbers (ASX:WZR). The global cannabis industry is experiencing phenomenal growth, and ASX-listed cannabis stocks give Aussie investors a chance to cash in on the marijuana boom. So... Iron ore is Australia’s number one export. Find out here... Rare in demand and in short supply; gold, silver, palladium and platinum are considered the world’s most precious metals. But prices are expected to come down because Brazilian exports have begun to recover, and have reached their highest level since the … During the iron ore price downturn from 2013–15, a number of iron ore producers nearly went under. This guide to buying gold and silver will show you what you need to do, what to look out for, and when could be the best time to buy for profit. Go here to learn which energy sectors to watch, and those you may wish to put money into. Australia is the world’s iron ore powerhouse, with Brazil a close second. Debt bubbles and credit crunches have decimated wealth, destroyed jobs and ruined families. ... Join over 130,000 for free access to breaking industry news. BHP’s fall could be partly due to a statement made by a Chinese official Friday afternoon, confirming plans of cracking down on the excessive costs of the steel-making ingredient.Given the fact that China is the world’s biggest steel producer, it was inevitable that there would be ripple effects from the inquiry, hitting not only BHP but also Rio Tinto, whose share price fell 0.50%. China's trade war against Australia is failing with the federal government expecting iron ore prices to stay at elevated levels for longer. As nearly all iron ore production receives the ‘spot price’ (as opposed to a fixed long-term contract price), these fluctuations have a major impact on the profitability of Australian producers. * Real-time data for indices, futures, commodities or cryptocurrencies are provided by market makers, not the exchanges. But the price of gold and silver are both prone to market swings, so having expert insight into these markets is invaluable. When prices rise, it’s good for the economy, but when prices fall, it has a negative effect. How to invest…where to invest…when to invest…how much to invest…and what to invest in? The move is part of the country’s plans to boost the metal’s supply and increase its price capacity, reported Reuters citing the Ministry of Industry and Information Technology (MIIT).. Go here for more... Property investments don’t have to cost you your life savings — nor should they commit you to a lifetime of debt. No spoon-fed economic news for the masses here. Arm yourself with the knowledge and knowhow that will help you become a better, smarter, investor. (ASX:BHP). Login or Start a $1 trial to read the full article. Singapore Jan 7, 2021 @ 12:02 IRON ORE … Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees. The Middle Kingdom’s relentless industrialisation and stimulus-based infrastructure spending over the past decade or so has resulted in growing demand for Australia’s iron ore. To satisfy this increase in demand, Australia has increased its production significantly. 76.4% of retail CFD accounts lose money. Labrador Iron Ore Royalty Corporation, together with its subsidiary, Hollinger-Hanna Limited, owns a 15.10% equity interest in Iron Ore Company of Canada (IOC) that operates an iron mine at Labrador City, Newfoundland and Labrador. The riskiest shares on the stock market are often the most rewarding. Enjoy a contrarian outlook on the Australian economy — and how movements beyond our borders could affect your stocks, retirement fund or the value of your home. But can you stomach the risk for the rich rewards? Fortescue Metals Group Ltd [ASX:FMG] has slumped 5% to $7.24 in late trading on Friday, 26 April 2019, giving up more gains after hitting a decade high of $8.24 last week. Related Tags Asia Economy Stay up to date with latest news on Cryptocurrency. We can pretty safely state that we’re in the midst of another boom. We give you a quick rundown of the RBA’s forecast for iron ore prices and what BHP might do to pivot their business to more profitable resources. Fortescue established itself after seeing the rise of China and realising what this would mean for future iron ore demand. Learn the truth about the Australian housing market right here — and what you can do to protect your wealth from falling Australian house prices. This marked the first decline after two consecutive weeks of growth. Our market analysts investigate global and Australian resource opportunities that could drive the next bull market in commodities. Moreover, iron ore is crucial for [the] steel industry that greatly supports economic recovery and development in the context of Covid-19 outbreak,” he said. Dig deeper than the mainstream headlines to see where the stock market is really at — and where the true stock opportunities lie. BHP Results Miss Expectations: How Low Will the BHP Share Price Go? In November, Brazil’s global iron ore exports marked a new low of 29.2 million tons — a 6.5% decline from the previous month and a 0.4% dip year on year. Singapore Jan 8, 2021 @ 12:05 IRON ORE DAILY: Seaborne prices continue upward march; firm demand boosts lump premiums. Learn about important investment strategies that few others know about. But iron ore remains essential to China’s development. More on that here... Should you prepare your wealth for inflation, deflation, or some measure of both? Go here for more. Iron Ore Prices, News and Analysis SteelOrbis is the primary information source preferred by leading iron ore producers for its up-to-date iron ore prices, iron ore market analyses and news, as it closely follows the main iron ore markets such as Australia, India and China. Iron ore, thanks to its huge export earnings, also has a major effect on the Aussie economy. Small cap stocks are where the real big gains can be made. To extent, Australian miners are innocent and enriched bystanders to recent events. Disclaimer | The MySteel 62% Australian iron ore fines price rose another 2.9% to $159/t, the second-highest since the index was established in early 2013. Detailed news coverage on iron-ore providing an overview of South Africa’s iron-ore industry and those in the rest of Africa, as well as update readers on the status of top iron-ore projects. Last month Rio Tinto cut production outlook after issues with its mine, adding further to supply shortages. Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). Find out why your compulsory super fund should be the last destination for your retirement wealth, and discover some of the best ways to build your own private nest egg outside of the system. The value of any investment and the income derived from it can go down as well as up. Rio Tinto updates Oyu Tolgoi production deadline ; ... “Iron ore is expected to be the first commodity to exceed $100 billion in export earnings in a single year. Much of it is out of your control, but there is hope. Find out here. This is the highest level since 2014. One of the best ways you can preserve your wealth is by investing in gold and silver bullion. If you follow the general consensus, blue chip stocks are supposed to be more stable than other stocks in the market. Go here for more. Iron ore is Australia’s biggest export earner. Iron ore is Australia’s biggest export earner. Go here to find out... Something the world will always need and consume is energy. Our investment editors have identified unique investment opportunities that are flying under the radar of mainstream financial analysts.