Navigating A Challenging Global Iron Ore Market

CIM Montreal 2015
Alan Gorman (Oceanic Iron Ore Corp)
Oceanic Iron Ore Corp's Hopes Advance project is a projected high quality, low cost, coastal iron ore deposit with no third party reliance for infrastructure. The company is pursuing the development of this world class seaborne supply source against a backdrop of increases in supply and lower iron ore pricing. The presentation will summarize the Hopes Advance project development, the effects of lower iron ore prices and lower oil prices coupled with a lower Canadian dollar on the project's economic results as well as recent trends observed in the iron ore and steel sectors associated with the globe's largest iron ore consumer and largest global steel producer: China.
Keywords: dollar, economics, China, iron, steel, oil, Oceanic, infrastructure
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