monde10 %Prices have dropped 10% since mid-May, continuing a downward trend that began in 2021

Iron ore prices expected to decline for several years, Australia says

Australia, the world's top iron ore producer, forecasts price declines until 2031.

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The fact

Prices have dropped 10% since mid-May, continuing a downward trend that began in 2021.

This outlook impacts economies reliant on iron ore exports.

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