The price of iron ore has fallen below $US100, and it could fall lower with global supply continuing to increase

Clime Investment Management

Clime Investment Management

The price of iron ore has fallen below $US100, and it could fall lower with global supply continuing to increase. The slump is not good news for our major iron ore miners BHP Billiton, Fortescue Metals Group, Rio Tinto and Mineral Resources. The iron ore price highlights a serious issue for the Australian economy that's been completely lost in the post-budget wash-up: a terms of trade crisis. If the $A remains stubbornly high, the falling iron ore price and terms of trade will mean our export earnings will tumble, cutting corporate profits and Government revenue. However, the Government has no plans to manage this looming crisis. Read the full article (VIEW LINK)


Clime Investment Management
Funds Management & Stock Research
Clime Investment Management

The Clime Group is a respected and independent Australian Financial Services Company, which seeks to deliver excellent service and strong risk-adjusted total returns, closely aligned with the objectives of our clients.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.