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Pilbara killer feeds on iron ore juniors

Iron ore futures are grinding relentlessly lower. My latest freight-adjusted CFR figure is just above $82. The Pilbara’s marginal iron ore players are getting whacked. FMG is right at major monthly long-term support. MIN also had bad news on lithium yesterday. Maybe a late-year seasonal rally is coming, but if it happens, that’ll be a The post Pilbara killer feeds on iron ore juniors appeared…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

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