BHP POSTS RECORD IRON ORE SHIPMENTS

October 20, 2011 by metalinvestmentnews · Leave a Comment 

BHP, the world’s biggest miner with a market value of $190 billion, has just reported record iron ore shipments for the 3 months ending September 30, 2011. Iron ore prices have risen 300% in the last decade.  China’s imports are up 24% in the last year.  China slowdown?  BHP and its chief rival Rio Tinto [...]