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30 Jun
04:02

Iron ore production accelerates in 2022-2026: Fitch Solutions

Global iron ore production growth will accelerate in the coming years, bringing an end to the stagnation that has persisted since iron ore prices hit a decade-low average of $55/tonne in 2015, Fitch Solutions says. The research house forecasts global mine output growth to average 2.7% over 2022 to 2026, compared to a 1.3% decline over the previous five years, it says in a report seen by Kallanish. This would lift annual production by 361.7 million tonnes in 2026 c…
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