Introduction – Are we looking at the sunset season of Iron Ore Investments or are we looking at the beginning of a long Spring and Summer Season Investors in the iron ore sector have been dwelling on global market chatter of a declining iron ore price as the giant Simandou Iron Ore mine ships its first shipment of high0grade ore. The street talk is that the imminent 120 million tonnes per annum production coming out of Guinea is going to drive iron ore pricing to the sub US

A discovery of a copper deposit usually comes with great excitement and is followed by narratives of great wealth generation. Over the recent decades, these type of discoveries are few and the reality for investors is fueled with disappointments and rhetoric of false narratives from the explorers.

With major billionaires like Andrew Forrest and Gina Rinehart investing heavily in magnetite projects, Magnetite is now the new Iron Ore.