July 27, 2022

Fortescue raises annual shipments forecast amid inflation pain

The world's fourth-largest iron ore miner said it shipped 49.5Mt of the steel-making ingredient in the quarter ended June 30.

July 27, 2022

Rio Tinto says Simandou deal close after wrangles over railway

Rio Tinto said it’s close to a breakthrough in a landmark deal to unlock the world’s biggest untapped iron ore mine.

July 27, 2022

China’s hunger for commodities is wavering after years of growth

China’s imports of key commodities face some mighty headwinds in the second half.

July 27, 2022

Rio Tinto slashes dividend as profits take a hit; shares tumble

Rio Tinto reported a 29% drop in first-half profit and more than halved its dividend on Wednesday.

July 26, 2022

Goldman warns China’s property crisis will sink iron ore price

Goldman cut its three and six-month price targets to $70 and $85 a tonne, respectively, from $90 and $110 a tonne.

July 26, 2022

Rio Tinto, Fortescue record profits near end on price view, dim demand

A persistent downward trend in iron-ore prices is expected to weigh significantly on the earnings of top Australian miners.

July 26, 2022

Kumba pins hopes on China’s infrastructure stimulus

First-half production at Kumba's two mines declined 13% to 17.8 million tonnes, largely due to heavy rains.

July 25, 2022

Voyager Metals calculates $1.6bn after-tax NPV, 43% IRR for Mont Sorcier iron-vanadium project

Over a 21-year mine life, Mont Sorcier's annual production target is set at 5Mt of high-grade, low-impurity iron concentrate grading 65% iron with 0.52% V2O5 per tonne.

July 25, 2022

How and why China is centralizing its billion-tonne iron ore trade

China has embarked on one of the biggest shake-ups of the global iron-ore market in more than a decade.

July 25, 2022

Iron ore price rises on hopes for China’s rebound in Q3

China will make "great efforts" to consolidate its economic recovery, state media reported.