Original article by Perry Williams
The Australian Financial Review – Page: 13 & 18 : 27-Jul-15
Iron ore was trading at $US51 per tonne on 24 July 2015, but Hancock Prospecting executive director Tad Watroba expects it to rebound to $US80, due to factors such as continued strong demand from China. Meanwhile, Watroba has indicated that factors such as inclement weather and safety concerns will delay the start of production at the Roy Hill iron ore project until early October. Production had been initially slated to commence in September.
CORPORATES
HANCOCK PROSPECTING PTY LTD, ROY HILL HOLDINGS PTY LTD, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, VALE SA, FORTESCUE METALS GROUP LIMITED – ASX FMG, CHINA IRON AND STEEL INDUSTRY ASSOCIATION, POSCO, MARUBENI CORPORATION, CHINA STEEL CORPORATION, CREDIT SUISSE (AUSTRALIA) LIMITED