Iron ore price

Via Morgan Stanley: 1st Take: The Federal Court on July 20, recognized native title rights and interests over a large area of the Pilbara in WA that includes FMG’s Solomon Hub (70Mt of 170Mt production).

Iron ore price charts for July 20, 2017: Tianjin benchmark sank $2.20 to $67.30.

Because it sure is taking it for the team.

Via China Daily: China’s iron ore demand is expected to see a continuous decline in the next few years, due to growing awareness of environmental protection and increased consumption of scrap steel, experts said.

Dalian is still powering today: But Big Iron isn’t as the AUD rips: Big Gas not happy, either: Big Gold is downright unhappy: Banks are partying after APRA didn’t address risk weights.

Iron ore price charts for July 18, 2017: Tianjin spot climbed $1.30 to $68.20.

The world’s crappest bourse knows a policy error when it sees one.

Iron ore price charts for July 17, 2017: Tianjin benchmark pinned its ears back up 2% to $66.80.

Iron ore price charts for Friday 14, 2017: Tianjin benchmark fell 20 cents to $65.50.

Via Goldman: RIO – precariously balanced RIO has been one of the best performing large-cap mining companies over the past 12 months driven by rising commodity prices, rapid balance sheet deleverage and early mover advantage in capital returns.

Iron ore price charts for July 13, 2017:   Tianjin benchmark added 40 cents to $65.70.

Iron ore price charts for July 12, 2017: Tianjin spot lifted 60 cents to $65.30.

Dalian is a little soft today: Big Iron is still firming: Big Gas has all but ignored the oil rebound.

Iron ore price charts for July 11, 2017: Tianjin benchmark rose 90 cents to $64.70.

Iron ore price charts for July 10, 2017: Tianjin benchmark jumped $1.70 to $63.80.

From Goldies today: Much more bearish and sensible than most though too high for coking coal and oil.

Iron ore price charts for  July 7, 2017: Tianjin spot was up 80 cents to $62.10.

Port Hedland June shipments are out and eased from May to 43.1mt with China at 36.6mt.