June 25, 2017 China shuns Indian iron ore in favour of Australia’s Chinese steel mills are turning their backs on India and embracing Australia as a source of higher-grade ore for steelmaking.
June 23, 2017 Iron ore reverts to supply-driven market after 2016 aberration: Russell Iron ore's demand-driven price surge last year is increasingly looking like an aberration as supply factors once again start to weaken the price outlook.
June 22, 2017 Australia’s Atlas defers new iron ore mine over price falls Australia's Atlas Iron, which narrowly escaped collapse when iron or prices crashed in 2015, has deferred construction of a new mine, citing weak prices for the steelmaking commodity.
June 22, 2017 After rainforest victory for Brazil’s environmentalists, a mining battle looms Brazil ministry wants to open border regions to foreign miners. Amazon-basin area about the size of Alaska could be affected.
June 20, 2017 Miners punished as iron ore price resumes decline New Citigroup report predicts low $40s by end of the year, early 2018.
June 15, 2017 BHP Billiton announces new Chairman The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser
June 15, 2017 Cliffs picks site in Ohio for $700-million iron ore plant Up to 130 jobs could be created in Ohio at a new iron ore processing facility to be operated by Cliffs Natural Resources (NYSE:CLF).
June 15, 2017 Korean consortium bids for Australian iron-ore giant Arrium A consortium of companies including Korean steel juggernaut POSCO has made a bid for Arrium, a major Australian iron ore miner and steelmaker.
June 15, 2017 More than 1,500 workers fired at Sibanye’s Cooke mine over strike Workers at the mine downed tools over a week ago, angered by the company’s actions to eradicate illegal miners from its operations.
June 15, 2017 South Africa just hiked black ownership rules, miners getting crushed The country will require local miners to be 30% black-owned and has set a 12-month deadline for them to comply with the new rules.
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
