comparemela.com

Page 4 - Nathan River News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Iron ore fuels $65b dividend windfall

Iron ore fuels $65b dividend windfall Share Investors will share in a $65 billion windfall in shareholder returns from the big three iron ore miners, with dividend forecasts for BHP Group, Rio Tinto and Fortescue Metals Group upgraded by analysts after prices soared by more than 20 per cent in a week. In a sign that the market expects demand and prices to remain strong for some time – and that tax revenue and dividends will continue to be pumped into the rebounding economy – a new generation of small producers is looking to move previously uneconomic mines into production. The global benchmark for spot market traded iron ore, S&P Global Platts’ IODEX 62 per cent iron ore index, rose $US16.80 or 7.9 per cent to a record high $US229.55 a tonne on Monday, and is up more than 23 per cent in the past week.

Reformed iron ore miners tipped to pay $65b dividend

Reformed iron ore miners tipped to pay $65b dividend Save Share Rio Tinto and BHP are tipped to pass 95 per cent of the iron ore boom back to shareholders through dividends, as Anglo American and Hong Kong’s Cheung Kong became the lastest multinationals to flirt with the idea of building a new iron ore province in Australia’s mid-west. Iron ore prices have surged 20 per cent above the 2011 record over the past fortnight and are dragging Australia’s biggest exporter, Rio, into a net cash position just 13 years after it was crippled with debt on the back of the disastrous $US38 billion Alcan acquisition.

Amur Minerals Corp PLC adds iron to mix as work on Kun-Manie progresses

Amur Minerals Corp PLC adds iron to mix as work on Kun-Manie progresses
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

Australia extends iron ore price outlook above $100 per tonne to late 2021

Australia extends iron ore price outlook above $100 per tonne to late 2021 Australia expects the iron ore price to stay above $100 per tonne until late 2021 - instead of mid-2021 as it said in a previous report - and decrease to $72 per tonne by the end of 2026. This iron ore price outlook for the rest of 2021 is supported on strong demand from China and concerns about disrupted supply in Brazil, Australia’s Department of Industry, Science, Energy & Resources said in its resources and energy quarterly report released on Monday March 29. On the iron ore supply side, Australia expects challenges from competitors such as South America and Africa who should increase iron ore output in the coming years, but global iron ore markets should remain tight with slow growth in both supply and demand over the next five years, Fastmarkets heard.

Proactive news headlines: Argo Blockchain PLC, Belvoir Group PLC, Horizonte Minerals PLC, 4D pharma PLC

Proactive news headlines: Argo Blockchain PLC, Belvoir Group PLC, Horizonte Minerals PLC, 4D pharma PLC
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.