- The default of the Chinese real estate developer Evergrande has caused a collapse in the iron ore prices over fears of future lack of demand.
- That collapse triggered a significant sell-off of mining companies involved in the iron ore business.
- Such a sequence of events has created an interesting buying opportunity for anyone who believes the fears are somewhat overblown.
- For income-seeking investors who can stomach the ethics behind it, Rio Tinto could be one of the better investment opportunities of the year.
For further details see:
Rio Tinto: The Anglo-Australian Dividend Powerhouse