掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Pilbara Iron Ore Region Sees Drop in Economic Benefit Coming

  • Thursday, April 25, 2024
  • Source:ferro-alloys.com

  • Keywords:market, mining industry,mine,steel,iron ore,
[Fellow]coal futures are telling: front month futures are pricing in at US$138 per tonne, whereas spot prices hover around US$130 per tonne

【Ferro-alloys.com】:In an unexpected turn for commodities markets, the big players in the Pilbara region of Western Australia, known for their typically bullish stance on future demand, have indicated a substantial downturn in the economic benefits generated from iron ore exports. According to a report from the Pilbara Heavy Industries Council, a staggering $25 billion is projected to vanish from the economic gains attributed to exports from Port Hedland by the year 2028.

The decline represents a significant shift for an industry that forms the backbone of Australia’s export economy. Port Hedland stands as the world’s largest bulk export terminal, and the implications of this forecast extend far beyond the port’s massive berths and stockpiles. Leading miners that form the council, such as BHP, Red Hill Minerals, Fortescue, Mineral Resources, Pilbara Minerals, Rio Tinto, and Newmont, are acknowledging a changing landscape.

The industry collective, adept at navigating through the nation’s resource-rich terrains, is now charting a course through a less certain economic environment. In the previous financial year, ACIL Allen estimated the total value of production for the Port Hedland supply chain at around $87.1 billion, with a peak at $89.2 billion this year. However, looking ahead, miners seem less optimistic despite forecasts that iron ore production will steadily increase from approximately 544.8 million tonnes (Mt) in the 2022-23 period to 589.4 Mt in 2027-28. These volumes are grounded in forward guidance provided by companies integral to the Port Hedland Port Supply Chain.

This development in iron ore contrasts with the current trajectory of Newcastle’s coal exports. Indeed, coal is experiencing quite the uptick in demand, with 36.114 Mt departing from the New South Wales port in the March quarter. This figure is in line with the previous year’s 144.5 Mt on an annualised basis, and notably, December of last year witnessed a peak export volume of 14.73 Mt.

Furthermore, coal futures are telling: front month futures are pricing in at US$138 per tonne, whereas spot prices hover around US$130 per tonne. The comparative resilience of coal prices, juxtaposed with the expected decline in economic returns from iron ore, suggests an evolving commodities landscape where traditional heavyweights like iron ore are not as immune to market dynamics as once thought.

  • [Editor:Alakay]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 延庆县| 梨树县| 汉阴县| 师宗县| 外汇| 沧州市| 万宁市| 五莲县| 巴彦淖尔市| 林口县| 长沙市| 册亨县| 柳林县| 潞城市| 寿光市| 普格县| 手游| 兰州市| 和田县| 正镶白旗| 九台市| 古田县| 栾川县| 雅江县| 墨脱县| 平罗县| 临夏县| 彩票| 玉门市| 沙湾县| 新竹市| 海晏县| 基隆市| 盐边县| 南溪县| 广汉市| 兰溪市| 固原市| 清新县| 习水县| 竹溪县|