High Tide Resources
Aluminium Supply Shock and the Iron Ore Opportunity: Why Middle East Disruptions Reinforce the Premium Iron Ore Thesis
Middle East aluminium disruptions of ~3 mtpa have driven LME prices up 17% YTD, creating substitution tailwinds for steel and elevated demand for high-grade iron ore. HTRC, developer of the Labrador West Iron Project, enters this cycle freshly capitalized.