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Iron ore headed for a weekly loss as Australia’s government forecast sharply lower prices, the US dollar hit a two-year high, and traders waited for China’s next move to support its economy.
Australia’s two largest iron ore miners, Rio Tinto (ASX, LSE, NYSE: RIO) and BHP (LSE, NYSE, ASX: BHP), working with BlueScope Steel, have selected Perth to locate the country’s largest… ...
The method involves injecting finely ground iron ore powder into an extremely hot furnace, triggering an “explosive chemical reaction”, according to the engineers involved in the project.
Iron ore is one of the key ingredients in steelmaking and much of Australia’s economic success over the past four decades can be put down to China’s insatiable appetite for it. As China tries ...
We investigate how ASX listed iron ore stocks BHP Group (BHP), Rio Tinto (RIO), Fortescue (FMG), and Champion Iron (CIA) have responded to the potentially positive developments In a meeting Monday ...
The next 5 years project a lower dependence on Chinese demand for the iron ore market, indicates Vale's Investor Day. In a scenario of lower demand and the same supply, lower costs can be decisive ...
Nigeria and Saudi Arabia have initiated talks on the extraction and processing of iron ore into steel. A statement signed by the Special Adviser to the solid minerals minister, Kehinde Bamigbetan ...
GFG’s rail operators, Aurizon and Pacific Rail, which haul iron ore and steel products respectively, have not returned to work for GFG as yet however, with both companies understood to be ...
I have been hoping that iron ore will get irrational and we are fast getting there as the stimmies metal flies. The stimmies will very likely disappoint but as we saw a few months ago that doesn ...
Nigeria and Saudi Arabia have initiated talks on the extraction and processing of iron ore into steel. A statement signed by the special adviser to the Minister, Kehinde Bamigbetan, on Monday ...
Australia received a timely warning from one of its largest miners last week. BHP declared Australia was losing its "natural advantages" in coal and iron ore and needed to find new ways to compete in ...