Original article by Rose Powell
The Australian Financial Review – Page: 23 : 31-Jul-15

The price of iron ore rose by 4.57 per cent on 30 July 2015, to $US55.89 per tonne, after reaching a low of $US45 earlier in the month. Kelly Teoh of Clarksons does not expect the upturn to be sustained and warns that the iron ore price will fall again. Ric Spooner of CMC Markets agrees, noting that the commencement of production at projects such as Roy Hill will weigh on the iron ore price.

CORPORATES
CLARKSONS, CMC MARKETS PTY LTD, BLOOMBERG LP, ROY HILL IRON ORE PTY LTD, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, FORTESCUE METALS GROUP LIMITED – ASX FMG, UBS HOLDINGS PTY LTD, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, QUAY EQUITIES PTY LTD