If the merged group controlled 40% of the world market for iron ore, might prices not rise even faster in future?

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What could happen in the future is markets like Brazil and China agree to price iron ore in yuan, or even Brazilian reals.

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Coal and iron ore producer earnings, if any, will remain in the cellar for the foreseeable future (maybe two years).

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In addition, as Australia-based Forbes contributor Tim Treadgold pointed out, iron ore prices are falling, with both BHP and Rio Tinto forecasting lower prices in the future as supply rises to meet demand.

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The company said it expects iron ore prices to remain strong in the long time and reverse current trends at some point in the near future.

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