End of Australia’s Iron Ore Supply Rush Seen Aiding Prices

  • BHP’s Pilbara output grew at slowest pace since fiscal 2009
  • Expansions by the big miners have run their course: analyst

The largest iron ore producers in Australia, the world’s No. 1 exporter, are raising supply at the slowest pace in years, drawing a line under more than a decade of expansions and lending potential support to prices that are rebounding this year.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.