April 21, 2021

China to strengthen raw material price supervision, crack down on speculators

Rising commodity prices have increased Chinese manufacturers' costs and squeezed margins.

April 20, 2021

BHP expects full-year iron ore output near upper end of forecast

Company reported a near 2% dip in third-quarter iron ore production.

April 20, 2021

Iron ore price surges to 10-year high after Vale, Rio miss on output

Iron ore prices jump 4% on Tuesday with $200 in sight, extending gains spurred by disappointing output figures from top two producers.

April 20, 2021

China’s metal imports from Myanmar show trade contortions amid post-coup protest

Chinese trade data gave a mixed snapshot of neighbour Myanmar's ability to keep up metal shipments in March amid unrest after February's coup.

April 20, 2021

Vale buys Mitsui’s stake in Moatize amid plan to exit coal

Vale is buying the 15% interest in the Mozambican mine held by Japanese trading company for a token fee of $1.

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.