November 11, 2024 Australian iron ore giants’ shares sink on disappointing China stimulus Analysts at Citi last week forecast a grim near-term outlook for iron ore prices, expecting iron ore to average $85 per tonne in 2026.
November 10, 2024 Iron ore price drops back to $100 as China’s latest fix disappoints Futures declined as much as 2% in Singapore after slumping on Friday, when the Chinese government unveiled a debt-swap plan.
November 8, 2024 World’s top energy trader Vitol eyes metals as oil demand set to peak CEO Hardy points to iron ore, copper, and aluminum as potential markets.
November 7, 2024 Nippon Steel seeks to close US Steel deal before Trump returns to White House Before the election which handed him victory, Trump promised to block the deal if re-elected.
November 6, 2024 China’s steel demand shifts to higher grade ore, Rio Tinto exec says "The demand for high grade ore continues to be strong," chief commercial officer Bold Baatar said.
November 6, 2024 Itochu to buy stake in Brazil’s CSN’s iron ore unit for $769m CSN Mineracao is the leading iron ore producer and distributor in Brazil.
November 6, 2024 Trump will follow the money, and that’s in green energy — Forrest Andrew Forrest reinforced Fortescue’s green ambitions, aiming to "build perhaps Australia's largest single industry."
November 4, 2024 MinRes’ founder Ellison to exit after internal misconduct probe Chris Ellison will leave within 18 months as the board found he used company resources for his personal benefit and evaded taxes.
October 31, 2024 BHP, ABB sign multi-year global framework agreement This new agreement, says BHP, allows the companies to collaborate in support of project delivery, operations and maintenance, as well as progressing operational decarbonization efforts.
October 31, 2024 MinRes cuts jobs, costs amid CEO probe Miner is cutting 570 jobs and slowing construction at its Mount Marion lithium project, as it battles falling lithium and iron ore prices.
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
