Home Iron ore 2026: Guinea at the core of the emergence of a new market

GEAB 155

The monthly bulletin of LEAP (European Laboratory of Political Anticipation) - 15 May 2021

Iron ore 2026: Guinea at the core of the emergence of a new market

The price of the 2nd most traded commodity (oil being number one[1]) is soaring. At a time of recovery and infrastructure plans, and illustrating the “back to basics” trend, iron ore is the object of all sorts of lusts. While some incumbent interests prefer to optimise their margins by letting prices rise, others are working to open up the market by developing new mining sites. Everything seems to revolve around West Africa, and more specifically Guinea, which has the world’s largest unexploited deposit: Simandou.[2]

By 2026, things should have changed, a prospect which, as it becomes clearer, will cause increasing price volatility before it stabilises.

Fig. 1 – Iron ore prices – June 2018-May 2021. Source: MarketIndex, 2021

Comments

To leave a comment sign up now
Contents

The post-Covid world is multipolar, with at least three of the major poles competing for mineral resources and industrial production. Until recently, this competition was mainly reserved for the western [...]

Our universe is an ever-changing web of abundant energy, it is a central aspect of life and all human activity. Yet if we see energy through the lens of our [...]

To tackle a subject as complex as energy, the LEAP teams called on the collective intelligence of the GEAB, through the GEAB Café of 20 April, and the active participation [...]

One piece of business news with political significance: French and Italian media giants Vivendi (Bolloré) and Mediaset (Berlusconi) are throwing in the towel on their differences, each going their own [...]

Crypto-currencies: Maximum mistrust // Dollar : Standardisation // Technology stocks: Too virtual // Iron ore: Volatility in sight // Oil: Agility, security //  If the “back to basics” trend that [...]

Related articles
GEAB
15 May 2024

Investments, trends and recommendations (May)

#banks #China #copper #finance #investment #nuclear

CBDC, critical materials, digital industries, green energies, electric cars... China leads the way The transition to CBDCs adds another layer of digitalisation, and will put further strain on markets under [...]

GEAB
15 May 2024

The future of payment systems, the disappearance of cash: When monetary policy is no longer enough

#economy #finance #governance #money

Among the anticipated back to basics, few measures hold as much potential efficacy as money itself. In times of mounting difficulties and risks, reverting to fundamental principles becomes imperative. Politicians [...]

GEAB
15 Apr 2024

Investments, trends and recommendations (apr)

#bitcoin #finance #gold #investment

Bitcoin halving, very short-term positioning Following on from our article on the recovery of Bitcoin by the United States, we recommend that you continue to position yourself for the very [...]