Recent months have seen the iron ore price push towards levels not seen since 2014. With the appetite from global steel producers remaining high, coupled with the loss of production from Vale. (Up to 90mT following the shut down of operations in Brazil). Australian Iron Ore miners are seeing the benefits of these price moves. As a leading global producer of Iron Ore, Australia will benefit from these prices through increased exports and the continuing growth of the industry.
The Australian iron ore industry has proven to be a world leader in the development of cost efficient mining techniques, new technologies and innovation from pit to port. This additional boost to demand will see this trend continue. As new mines provide opportunities for the further development and implementation of these tools and techniques.
EnterpriseIS is a proud supporter of the Australian mining industry. We have helped our clients improve the way their assets deliver value since 2009.
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Source: http://australianminingreview.com.au/latest/?utm_source=AMR/AER+Online+Subscription+2019&utm_campaign=47ad62676e-AMR_NEWSLETTER_CAMPAIGN_COPY_01&utm_medium=email&utm_term=0_c926d36456-47ad62676e-72452481#page=19
