May 19, 2021

$70 oil, $200 iron, $10,000 copper: Commodities smash milestones

From copper to iron ore and oil, prices have rallied broadly in 2021, as the global economy emerges from the depths of the coronavirus pandemic and fires up demand.

May 18, 2021

Brazil private ports move 11% more cargo in Q1, driven by commodities trade

Oil, as well as iron and iron ore boosted cargo movement in the first quarter.

May 18, 2021

China puts Australia on notice with push to diversify iron ore

Iron ore is Australia’s biggest export earner, and relations with Canberra have taken a turn for the worse in recent weeks.

May 18, 2021

Iron ore price extends gains amid steel optimism

Mysteel expects single-digit growth for apparent steel consumption in China to persist past 2021.

May 18, 2021

Aboriginal group seeks to strengthen ties with Rio a year after cave destruction

Rio Tinto destroyed 46,000-year-old rock shelters at Juukan Gorge in Western Australia in May 2020 against the wishes of the traditional owners.

May 17, 2021

Global iron ore production growth to accelerate, driven by Brazil— report

Global output growth will average 2.4% over 2021-2025 compared to -2.0% over the previous five years, according to Fitch Solutions.

May 17, 2021

Iron ore price rebounds as China steel output hits all-time high

The world's top steel producer churned out 97.85 million tonnes of the metal in April, up 4.1% from March.

May 14, 2021

Crazy metal prices inflate miners’ capex conundrum

Soaring commodity prices should be a green light for global miners, yet the sector’s investment plans remain stubbornly short of what’s needed to decarbonise the global economy.

May 14, 2021

Analysts voice scepticism on mining supercycle narrative

Surging commodity prices are leading some to believe that the market is entering a new commodity supercycle.

May 14, 2021

Iron ore price sinks as China vows to punish market manipulation

Officials in Tangshan warned its steel mills to maintain market order and safeguard companies' normal operations.