Major iron ore producers are awash in a sea of cash, and are likely to remain so despite a recent retreat in the price of the steel raw material. Where they diverge is what they think will be the next big drivers of profit. Rio Tinto, the world’s biggest iron ore miner, posted record first-half …
The...
https://www.hellenicshippingnews.com/iron-ore-miners-are-awash-with-cash-but-see-different-futures/