Commodity Market Report
Global iron ore investment horizon outlook – Q4 2023
Report summary
Iron ore mining investments will decline by 30% between 2023 and 2033, compared to the last ten years, driven by a contraction in Chinese iron ore demand and low-cost supply availability. However, investors and demand preferences are shifting towards high-grade ore and with the push to decarbonise, this will translate into increased investments into beneficiation or pelletisation and different zero-carbon initiatives in the latter half of the current decade.
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Global iron ore investment horizon outlook to 2033
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