February 22, 2023 Column: Iron ore prices jabbed higher by prongs of China demand, supply woes The supply shortage and expectations of increasing Chinese demand are likely to provide a solid base for further gains, writes Clyde Russell.
February 22, 2023 Rio Tinto halves dividend on 41% annual profit drop Rio's bottom line was hit by weaker iron ore prices as demand from China slowed, as well as higher labour and material costs.
February 21, 2023 Premium iron ore piles up in South Africa amid rail constraints State-owned rail operator Transnet is plagued by lack of capacity, exacerbated by maintenance backlogs and vandalism.
February 21, 2023 Iron ore price surges to 8-month high on renewed optimism around China’s reopening BHP flagged a brightening demand outlook in the top steel producer country.
February 21, 2023 Rio Tinto partners with BMW for low-carbon aluminum supply Aluminum will come from Rio Tinto's hydro-powered operations in Canada to BMW’s production plant in Spartanburg, South Carolina.
February 20, 2023 BHP eyes demand green shoots in China as profit slumps 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…
February 20, 2023 China’s Baowu seeks deeper ties with Rio Tinto on iron ore trade Baowu is looking to benefit from efforts to repair trade relations between China and Australia.
February 17, 2023 Vale expects fresh news about base metals stake sale in H1 Company received offers for a minority stake in the business comprising nickel and copper production.
February 15, 2023 Sandvik to supply electric mining vehicles to Rana Gruber The agreement supports Rana's aim to operate the world's first carbon-free iron ore mine by the end of 2025.
February 14, 2023 Fortescue Metals’ first-half profit drops on lower iron ore prices The miner also flagged that inflationary pressures will continue to be a risk for the remainder of the fiscal 2023.
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