Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Iron ore: To dig or not to dig? Add to ...

Subscribers Only

Lex is a premium daily commentary service from the Financial Times. It helps readers make better investment decisions by highlighting key emerging risks and opportunities.

Judging by investor reactions to the miners’ production reports last week you would think that no one is losing much sleep over the end of the commodities boom. Yet if Australia’s forecasters are correct, the iron ore price could fall to $90 (U.S.) a tonne within the next five years, from about $125 a tonne today. So, as investors reward miners for recent boosts to production, are they at risk of encouraging short-termism?

Report Typo/Error

Next story

loading

In the know

The Globe Recommends

loading

Most popular videos »

Highlights

More from The Globe and Mail

Most popular