Iron ore prices are expected to remain higher for longer according to Treasury consultation that says Chinese hunger for Australia’s most valuable export will counter improved supply from Brazil.
Bulk metal prices have remained elevated during the coronavirus pandemic thanks to strong Chinese demand and supply issues that have hamstrung virus-stricken export rival Brazil.
Cadence Minerals plc (LON:KDNC) provides mining services. The Company focuses on finding lithium and other technology minerals in new places, as well as offers extracting services.