Gold and lithium may be exciting investors but for BC Iron chief executive Alwyn Vorster "unfashionable" commodities such as bauxite, mineral sands and potash are far more alluring.
"Gold is the obvious one that excites the market, gold and lithium, but is very highly priced at the moment and if you haven't got into the game two years ago it will be challenging," Mr Vorster said.
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Tess Ingram was a journalist with WAtoday. Before that, she was a reporter in The Australian Financial Review’s Perth bureau, covering business, economics and politics. Connect with Tess on Twitter.
