Iron flux has funds reviewing Vale bets after $50 billion rout
A handful of Wall Street analysts have also ditched their buy-equivalent recommendations for Vale.
Latest Stories
India snags cheap Australian coal sitting at Chinese ports
The fuel is being bought at a $12 to $15 a tonne discount to fresh shipments from Australia.
Silver, PGM Snapshot: Eight companies with an eye for precious white metal
Not all that glitters is gold. Sometimes it’s silver, platinum, or palladium.
Silicon’s 300% surge throws another price shock at the world
The metal made from the second-most abundant element on Earth has become scarce.
Silver investors undaunted
The holdings of the leading and dominant silver ETF have stayed high despite the festering silver weakness.
China’s coal miners told to produce even if they’re over quotas
The country controls coal production under a quota system that caps annual output of mines in order to manage supply.
Harte Gold has forbearance agreement with BNP Paribas extended
The troubled gold miner operates the Sugar Zone mine in Ontario and lowered its guidance earlier this year.
Iron battery breakthrough could eat lithium’s lunch
Unlike lithium-ion batteries, iron flow batteries are really cheap to manufacture.
Russell: China’s coal crunch is self-inflicted, costly and temporary
China is paying a high price for policies that curbed domestic coal output and imports.
