August 31, 2021

Iron ore price plunges on steel production curbs in China

Steel prices on the Shanghai Futures Exchange were also undermined by a drop in raw materials and tepid economic data.

August 31, 2021

Iron ore price retreats on China’s cloudy outlook

China’s economic activity weakened more than expected in August as an outbreak of the delta variant curbed consumer spending and travel.

August 30, 2021

BHP considers making covid vaccine mandatory at Australia mines

BHP is the first big resources company to consider such a step.

August 30, 2021

Fortescue plans carbon targets for customers in green pivot

Company is planning to unveil targets for reducing the carbon footprint of it biggest customers, marking a shift in approach for the world’s no. 4 exporter of iron-ore.

August 27, 2021

Global iron ore production to accelerate until 2025 – report

Fitch forecasts global iron ore mine output growth will average 3.6% over the 2021 to 2025 period.

August 26, 2021

Rio Tinto yet to pay compensation over sacred site destruction

An interim report from a federal parliamentary inquiry in December said Rio should pay restitution to the Puuti Kunti Kurrama and Pinikura people.

August 26, 2021

Iron ore price rises on China steel demand optimism

China’s success in stamping out latest covid-19 outbreak also bolstered the outlook for commodities from copper to oil.

August 26, 2021

Dust at BHP’s iron ore mines poses health hazard

The state's environmental regulator this month began a review into elevated levels of airborne dust at BHP's Whaleback and Newman mines in the Pilbara.

August 25, 2021

Iron ore price up amid signs of resilient demand in China

Base metals have rebounded this week as Beijing’s success in containing a sprawling covid-19 outbreak shored up confidence in the demand outlook.

August 24, 2021

Fortescue best positioned to weather industry disruption – report

Fortescue Metals leads an Australia-heavy Top 10 based on GlobalData research.