Volatile iron ore markets are expected to dampen enthusiasm by local investors to fund fresh mining projects, potentially opening the door for a fresh wave of Asian investment to the sector.
Westoz funds management executive director Dermot Woods told Financial Review Sunday that mining groups, particularly small to medium sized companies, would find it difficult to raise capital for expansion.
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Julie-anne Sprague co-edits our Rich Lists and covers entrepreneurs, wealth creation and investments. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. Connect with Julie-anne on Twitter. Email Julie-anne at jsprague@afr.com
