Industry June 2014 Analysis

Industry Trend Analysis - Iron Ore Miners: Struggles Ahead, Especially Juniors - JUNE 2014

The downtrend in the Bloomberg Iron Ore Mining Index will persist over the coming quarters as mining equities remain under pressure from lower iron ore prices compared to the boom years. Junior miners will struggle to survive due to funding constraints, while more Chinese projects become economically unviable at prices below USD120/tonne. Indian miners will also grapple with problems surroundin...