April 24, 2024

Iron ore price rebounds to 6-week high on renewed China demand hopes, lower shipments

Iron ore fundamentals have improved and the valuation of the ferrous market is expected to rise, analysts at Galaxy Futures said in a note.

April 24, 2024

Dalian Commodity Exchange adjusts trading limits after iron ore price rally

The statement came after iron ore futures prices rose by more than 3% in day trading.

April 24, 2024

E-haul trucks could result in major savings for miners but adoption is slow – report

A new report by IDTechEx states that even though investing in e-haul trucks could result in major savings for miners, adoption is still in its nascent stages.

April 23, 2024

ESG Watch: Why climate change is leaving mining firms between a rock and a hard place

By 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%.

April 23, 2024

Fortescue iron ore shipments fall short after derailment

The world's fourth-largest iron ore miner said it shipped 43.3 million tonnes of the steel-making commodity in the three months ended March 31.

April 23, 2024

Iron ore price slides to nearly one-week low on subdued Chinese steel market

Steel consumption was suppressed in the short term due to rainy weather in southern regions of China.

April 23, 2024

Anglo American bullish on copper outlook, cuts diamond targets

It produced 11% more copper in the first quarter, but its diamond unit De Beers saw output drop by 23% on high inventories.

April 23, 2024

Kumba quarterly sales fall 10% as port challenges curb exports

The decline was mainly due to the unreliability of equipment used to handle ore consignments at Saldanha Bay Port, Kumba said.

April 22, 2024

Column: China’s strong iron ore imports diverge from weak steel output

China's first quarter imports of iron ore and its domestic production of the steel raw material both rose strongly, but output of crude steel fell.

April 22, 2024

Iron ore price weakens amid waning China stimulus hopes, high portside stocks

Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in China.