BASE METALS

Price pain

IT is hard to believe amid all the doom and gloom around the Australian iron ore industry but the iron ore price has fallen back to genuine, bonafide, 2008 prices.

Noel Dyson and John McIlwraith
Iron ore has been a boon for Australia.

Iron ore has been a boon for Australia.

Actually, at the time of writing the iron ore price had leapt up to north of $60 a tonne. Remember what it was like in 2008? In the early part of that year it was stronger for longer. The iron ore price...

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