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    iron-investing

    Minerals Council of Australia Launches Iron Ore Website to Counter Claims Made by Fortescue

    Kristen Moran
    Jun. 10, 2015 09:04AM PST
    Base Metals Investing

    Mining Australia reported that the Minerals Council of Australia has launched its own iron ore website, hitting back against claims made by Fortescue Metals Group (ASX:FMG).

    Mining Australia reported that the Minerals Council of Australia has launched its own iron ore website, hitting back against claims made by Fortescue Metals Group (ASX:FMG).

    As quoted in the market news:

    ironorefacts.com is described by the MCA as providing “factual information on Australia’s $75 billion iron ore export sector”.

    It said the site aims to address some of the “myths” that have been made in recent weeks about the industry.

    “While there is vast amounts of publicly available data about the sector, ironorefacts.com.au provides an easily accessible platform to better understand the industry,’ MCA chief executive Brendan Pearson said.

    “Australia’s iron ore industry has been one of the nation’s great economic success stories over the past 50 years. It has delivered hundreds of billions of dollars in royalties and taxes and directly employs over 60,000 Australians.”

    The site is very bright and clean, and is broken up into many sections including: Top 10 Facts; What the experts say; and, Debunking the myths.

    It comes just weeks after a new website supported by FMG, Our Iron Ore, urged the public to campaign against “multinational companies” which it says are oversupplying the iron ore market.

    Click here to read the full Mining Australia report.

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