The supply shortage and expectations of increasing Chinese demand are likely to provide a solid base for further gains, writes Clyde Russell.

State-owned rail operator Transnet is plagued by lack of capacity, exacerbated by maintenance backlogs and vandalism.

BHP flagged a brightening demand outlook in the top steel producer country.

Miners have wrestled with surging costs and a tight labour market amid sharply lower iron ore prices over the latter half of 2022, as China's strict zero-covid-19 policy curtailed economic activity.

Baowu is looking to benefit from efforts to repair trade relations between China and Australia.

Company received offers for a minority stake in the business comprising nickel and copper production.

The agreement supports Rana's aim to operate the world's first carbon-free iron ore mine by the end of 2025.