May 25, 2023 BHP confident China property recovery will boost metals demand Weaker-than-expected construction, particularly in the property sector, has pushed iron ore below $100 a tonne.
May 25, 2023 China’s state iron ore buyer gets down to business, yet to flex pricing power Around 30 mills signed iron ore contracts though China Mineral Resources Group.
May 24, 2023 Iron ore price drops below $100 as worries over China demand grow A weaker yuan added to the gloomy mood.
May 24, 2023 Aboriginal group says remediation at Juukan rock shelters has begun The destruction of the culturally significant site in Western Australia triggered the exit of Rio's CEO, chairman and two senior executives.
May 24, 2023 Commodity bull Goldman says ‘we were wrong’ but sticks to view The investment bank says its forecasts for major rises in raw materials this year hadn’t panned out so far, but calls for a major rally.
May 22, 2023 Russia raises aluminum exports to China to near record levels as sanctions bite Russian sales of refined aluminum to China nearly trebled in April from the previous year.
May 19, 2023 Vale said to decide on base metals sale worth billions next week: Brazilian paper The board of directors is to analyze binding offers for a 10% stake that could be valued at $2.5 billion.
May 19, 2023 Vale moves ahead with $2.7 billion Amazon mining expansion in clean-steel bet Work at the S11D mine is part of a plan to be able to supply 260 million tons from its northern operations by 2025.
May 18, 2023 Vale gets offers for stake in base metals unit Vale would sell 10% of the unit worth around $2.5 billion, local newspaper reports.
May 18, 2023 Top stock fund wagers BHP, Rio Tinto will weather iron ore slump Even when iron-ore prices fall, Australian producers are still highly profitable given they have a lower cost, said
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
