Iron ore price plunges nearly 9% on demand woes
The most-traded iron ore on China's Dalian Commodity Exchange for September delivery tumbled almost 11%.
Latest Stories
Copper price crashes through $10,000 as hedge funds turn most bearish in two years
Hedge funds are shorting copper the most since May 2020 as China doubles down on its zero-covid policy.
Zambia “very close” to picking investor for Mopani copper mine
Zambia took on $1.5 billion in debt to buy Mopani from Glencore in January 2021.
Epiroc profit, orders beat forecasts
Epiroc last month suspended all deliveries to its customers in Russia, which accounted for around 6% of the group's total sales in 2021.
Column: Bears tip-toe back into copper market as demand fears grow
Copper has spent the last few weeks hanging in suspended animation, writes Andy Home.
Nornickel Q1 nickel output up, palladium down
The company's January-March nickel production rose by 10% to 51,534 tonnes.
Rosatom, Nornickel to develop lithium project in Russia
The two Russian companies plan to develop the Kolmozerskoye lithium deposit in the country’s northwestern Murmansk region.
Fewer rare earths needed for permanent magnets
Korean researchers developed rare-earth-saving permanent magnets.
Sumitomo abandons Pomalaa nickel project in Indonesia
The Japanese miner cited a disagreement with its partner PT Vale Indonesia as main reason for the move.
