April 19, 2021 Vale production disappoints again, adding fuel to iron ore price rally Vale’s iron ore output totaled 68 million tonnes in 1Q21, 14.2% higher than in 1Q20, but down 5.5% compared to the 72 million tonnes average analyst estimate.
April 19, 2021 Rio Tinto’s iron ore output falls 2% on labour shortage, weather issues Tropical cyclone Seroja impacted operations in April while labour resource availability and above average wet weather in the mines disrupted maintenance.
April 19, 2021 Iron ore price extends rally as market focus shifts to output reports Vale, Rio Tinto and BHP are due to report production data this week as well as give market outlooks.
April 19, 2021 Australia’s latest resources boom is driving a surge in IPOs The Australian Stock Exchange notched up 42 IPOs in mining-related businesses over the past 12 months despite the Covid-19 pandemic.
April 16, 2021 Iron ore price hits 10-year high on rising steel demand Goldman Sachs see prices falling back to $110 a tonne by the fourth quarter.
April 16, 2021 Fortescue reaches 1.5 billion tonnes shipped from Pilbara The company achieved the milestone less than three years after it shipped its billionth tonne from Herb Elliott Port in Port Hedland.
April 15, 2021 Iron ore price jumps on big spread between spot cargoes and futures Goldman Sachs expects the market to enter a surplus in the second half of the year on higher Brazilian exports.
April 15, 2021 BHP completes its first refuelling of a ship with biofuel The mining giant is exploring the use of bunker fuels such as liquefied natural gas and biofuels to replace fuel oil, aiming to reduce carbon emissions by 40% when shipping…
April 15, 2021 Anglo American to run South America mines 100% on renewables The company will power its copper, iron ore and nickel operations in Chile, Peru and Brazil on green energy by 2022.
April 13, 2021 Iron ore price jumps as Brazil, Australia shipments delayed Shipments from Australia and Brazil fell by 4m tonnes compared to previous week.
Iron ore logs annual gain in a dramatic recovery fuelled by steel exports Prices of the key steelmaking ingredient had come under pressure earlier this year on expectations of a supply glut and forecasts of faltering demand in China. December 31, 2025 | 09:27 am