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Good iron ore omens

THE omens are good for Pilbara iron ore, following a couple of pleasant surprises involving corporate takeovers and world steel production. The smell of optimism was in the air last week as the <i>Metal Detective</i> joined two dozen journalists on a tour of Fortescue Metals Group’s port, rail and mine operations in WA’s Pilbara. <b>By Stephen Bell.</b>

Stephen Bell

Of course, self-belief is never in short supply when FMG chief executive Andrew Forrest is in the picture. Arriving onsite late in the day – just in time to hitch a ride back to Perth on the journos’...

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