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Simandou Offsets Iron Ore Supply Cuts Elsewhere, Macquarie Says

The ramp up at Guinea’s massive Simandou iron ore project has offset supply declines elsewhere as lower prices, high freight rates and diesel costs squeeze producers, according to Macquarie Group.

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

Read the original at bloomberg.com →

More in Finance & Markets

Amazon Thinks AWS Could Become a $1 Trillion Business. Here's Why.

CEO Andy Jassy believes Amazon Web Services' opportunity goes well beyond AI.

  • Amazon Web Services (AWS) CEO Andy Jassy predicts $1 trillion business within 5-10 years.
  • Migration to cloud infrastructure and AI demand drive growth forecast.
  • AWS currently generates $184 billion in annualized revenue.

US Midterms Live: Hedge funds post best midterm-year start since 2006

Historically, the second year of a presidential term has been the weakest for hedge funds, with the HFRI Fund Weighted Composite averaging 3.46%, against more than 13% in both the first and third…

  • Hedge funds achieved best midterm-year start since 2006
  • HFRI Fund Weighted Index returned 6.88% in 2026
  • Factors like inflation and political dynamics influence strategies

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