May 12, 2021

BHP, Vale, Rio Tinto launch challenge to encourage haul truck electrification

The mining giants are joining forces in the Charge On Innovation Challenge to attract innovators to develop new concepts for large-scale haul truck electrification systems.

May 12, 2021

Rising premium iron ore demand Quebec’s time to shine

Champion Iron says it is capitalising on the global pivot to using premium-grade iron ore to make steel.

May 12, 2021

Analysts not convinced the iron ore price run has legs

“High iron ore prices in early 2021 are unsustainable, but market fundamentals remain strong," says Moody’s senior VP Barbara Mattos.

May 12, 2021

China may target Australian LNG despite costly coal ban: Russell

Bloomberg reported earlier this week that smaller LNG buyers in China have been told to avoid taking Australian cargoes.

May 12, 2021

“China is overproducing, we would expect to see some slowing down in H2” — Ferrexpo CEO

China’s massive physical purchases of iron ore have been the primary driver of the post-pandemic price rally.

May 12, 2021

Iron ore price hits new high on fears of short supply

China will monitor changes in overseas and domestic markets and effectively cope with a fast increase in commodity prices, the state council said.

May 11, 2021

Mining legacy processes setting the industry behind in sustainability targets – report

A report commissioned by the Weir Group states that comminution needs to be optimized so that it creates impactful energy savings opportunities.

May 11, 2021

Iron ore price rally slows as China moves to cool speculative flows

The Dalian Commodity Exchange vowed to “severely punish” unspecified violations in iron ore trading.

May 11, 2021

Gerald Group resolves iron ore dispute with Sierra Leone

US commodity trader will pay $20 million and cede a 10% stake in an iron ore project as part of the resolution to a nearly two-year dispute.

May 10, 2021

China steel futures extend gains on production curb worries, peak season demand

Chinese steel rebar and hot rolled coils futures surged over 6% on Tuesday.