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16 Feb
13:58

Iron ore prices slip but Atlas presses on

Seaborne iron ore prices dipped back again on Thursday, continuing to fluctuate around the $90/tonne mark. Firm prices are still enough to encourage small miners to invest however, with Atlas Iron voting to approve the development of a new mining site. The Kallanish index for 62% Fe Australian fines pulled back $0.81/tonne to $89.21/dry metric ton cfr Qingdao. The index has now been between $89/dmt and $90.02/dmt all week. 170,000 tonnes of PB fines traded …
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