Mixed fortune for iron ore

摘要

IRON ore has been a hot topic in recent weeks with analysts and the world's largest mining companies giving mixed predictions for the global market in the months ahead, though optimism abounds for the long-term prospects of the strategic raw material. The world's three-largest iron-ore producers, RioTinto, BHP Billiton and Vale SA, have all experienced a downturn in revenues over the last quarter of 2011, as the eurozone debt crisis created uncertainty in international markets.