Resources and Energy Quarterly – March 2021

Resources and Energy Quarterly – March 2021   Summary The outlook for Australia’s mineral exports continues to improve, as the world economy rebounds from the impact of the COVID-19 pandemic. Australian miners have found their product in high demand, helped by the impact of government and central bank measures abroad. In 2020–21, export earnings are…

Magnetite Mines builds up team of experts to expedite shipping Razorback iron ore

Magnetite Mines builds up team of experts to expedite shipping Razorback iron ore Magnetite has announced the engagement of key partners as it accelerates a pre-feasibility study (PFS) on its 100%-owned Razorback iron High Grade ore project. Magnetite Mines (ASX:MGT) has put together an outstanding team of employees, specialists and experts and consultants to deliver a…

Why the iron ore bears will always end up disappointed

Why the iron ore bears will always end up disappointed Despite iron ore’s well documented economic significance, it faces deep-seated pessimism among industry commentators. The commodity supports 70 per cent of the world’s steel production. Steel is everywhere, underpinning our modern civilisation. Production of the next most significant metal, aluminium, is one-30th the volume of…