Iron ore price falls as traders weigh demand prospects in China
"The iron ore market remains on shaky ground," ANZ commodity strategists said.
Latest Stories
Aldebaran receives $8.4 million strategic investment from South32
The company plans to use the funds to advance the Altar copper-gold project in San Juan, Argentina.
Sky-high energy costs to fan fire under aluminum and zinc prices
Smelter closures in Europe could cut aluminum capacity by 750,000 tonnes and zinc output by 150,000 tonnes this winter.
Risk-on rally pushes copper price towards a 3% weekly gain
Data showed that euro zone industrial production grew three times more than expected in June.
Battery giants, Hyundai concerned by US moves on China supplies
South Korean battery makers imported more than 80% of the key minerals from China in 2020.
A $700 billion fund is under pressure over plans to curb coal
South Korea’s National Pension Service faces criticism over potentially weaker-than-expected plans to curb investments in coal.
Column: Scarcity changes the LME warehousing game
Scarcity in the physical supply chain has drained metal away from the exchange, hitting rental revenue for storage suppliers, writes Andy Home.
Petrobras puts potash mining rights up for sale
Interest in potash mines in Brazil is growing as the Ukraine war has highlighted the country's dependence on imports of the product.
Indonesia revokes thousands of mining permits covering over 3 million hectares
More than 2,000 mining permits for various minerals have been revoked.
