Breakingviews on Twitter
Search League Tables

Saturday, 25 June 2016

Iron miners need to know when to quit digging

Dig or no dig

Rio Tinto’s new boss, like his peers, is offering spending restraint. But the huge profit from fast growing Chinese demand for iron ore won’t last forever. For low-cost producers, the temptation is to dig, dig, dig. If everyone does the same, prices and profit could tumble.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)