Iron ore miners benefitting from lower oil prices

A FALL in oil prices is expected to lower the global iron ore cost curve, while Australian miners are also benefitting from a lower Australian dollar and a drop in freight rates.

Iron ore miners benefitting from lower oil prices Iron ore miners benefitting from lower oil prices Iron ore miners benefitting from lower oil prices Iron ore miners benefitting from lower oil prices Iron ore miners benefitting from lower oil prices

Using a 2015 oil price forecast of $US67 a barrel, CRU Group is expecting the global iron ore cost curve to drop by $4.60 per tonne.

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