Iron Ore Holds Firm for Most of 2017: JPMorgan

The video discusses the forecast for iron ore prices, with JPMorgan predicting a 22% increase in the annual average price. This is expected to benefit Australia economically, though there are risks from non-traditional supply sources. The video also covers expectations for Rio Tinto's earnings, with significant revenue and dividend projections.

What is the predicted average price of iron ore for the year according to JPMorgan?

• $73 per ton

• $81 per ton

• $90 per ton

• $66 per ton

How does a $1 decrease in iron ore price affect the Australian budget?

• It has no effect on the budget

• It decreases the budget by $500 million

• It decreases the budget by $250 million

• It increases the budget by $250 million

What is a key risk mentioned by JPMorgan regarding high iron ore prices?

• Non-traditional supply

• Decreased demand

• Government intervention

• Increased traditional supply

What is the expected net income for Rio Tinto according to the forecast?

• $4.75 billion

• $3.5 billion

• $6 billion

• $5.5 billion

What is the anticipated final dividend per share for Rio Tinto?

• $1.20

• $1.44

• $1.60

• $1.80