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Australia extends conservative iron ore price outlook

It’s ‘very deliberately conservative’, Treasurer Jim Chalmers

Nathan Richardson
Loading iron ore on a ship at Dampier, Western Australia.

Loading iron ore on a ship at Dampier, Western Australia. | Credits: Shutterstock.

The Australian Government has extended its conservative iron ore price outlook of a fall to US$60/tonne (62% Fe, FOB Australia) from the end of March 2025 to the end of September.  As previously reported,...

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