Iron ore price rally stalls as China steel pulls back
Analysts, however, said moves to rein in steel output in China should keep any pullback in prices in check.
Latest Stories
Gold price at over 1-month high on dovish Fed minutes
Gold has risen past the $1,750 technical level for the first time since late February.
Volvo, SSAB plan first fossil-free steel trucks on road to carbon neutrality
Volvo plans to start production this year of prototype vehicles and components from steel made by SSAB using hydrogen produced from renewable energy.
Russian tycoon Komarov eyes precious metals after pipes sale
Komarov is in talks to purchase the Kumroch gold deposit in Russia’s Far East from billionaire Viktor Vekselberg’s Zoloto Kamchatki.
Coal’s share in India’s power mix hits highest in over 2 years
This year seasonal factors have limited output of renewables, including hydro electricity, which are weather dependent, helping coal's share to rebound.
Jiangxi Copper no longer pursuing Malaysia scrap project
Company is not building or investing in a previously planned project to make refined copper from scrap in eastern Malaysia, chairman Zheng Gaoqing said.
Flush from soaring platinum prices, Sibanye-Stillwater hunts for gold
Company is at the centre of deal talks in the gold sector but it may see its desire to create a South African gold champion thwarted as peers cut exposure to the country.
US blacklists Myanmar state-owned gems enterprise
The U.S. Treasury Department imposed sanctions on a Myanmar state-owned gems enterprise in a bid to curtail the military junta's ability to generate revenues.
Rio Tinto S. African project in limbo on security fear
Local unit is in talks with authorities to permanently address violent protests around its operations, before resuming work on the Zulti South project.
