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Dryblower watches history repeat in iron ore as small companies expand and big miners form a committee

A LIFETIME ago, or 14 years if you prefer, <i>Dryblower</i> witnessed the birth of a mining star and while it seems unlikely that such an event could be repeated there are signs pointing to a similar set of circumstances developing which could see other mining stars emerge.

Dryblower
Dryblower watches history repeat in iron ore as small companies expand and big miners form a committee

Back in 2002 the star that few people recognised, and most of those who did expected it to flame out like passing meteorite, was Fortescue Metals Group (FMG) led by the mercurial Andrew Forrest. The...

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