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Investors banking on Pilbara profits

Iron ore miners will replace banks as the high-yield stocks of the ASX

Barry FitzGerald*
Iron ore stockpiles at Rio Tinto's Cape Lambert port in Western Australia's north

Iron ore stockpiles at Rio Tinto's Cape Lambert port in Western Australia's north

How long the new order in the S&P 20 lasts depends on the scale of bad debt levels at the banks flowing from the economic upheaval caused by Australia's lockdown, and the ability of iron ore to maintain...

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