Explaining the iron ore grade shift
The global market is in the midst of a major pricing shift, moving away from the long-standing 62% Fe benchmark.
Latest Stories
Montage worker dies in Côte d’Ivoire project accident
Construction activities at the site resumed Friday after a one-day pause.
Trump to announce steel, chip tariffs in coming weeks
Trump said the rates will start lower to give companies time to establish production in the US before rising sharply.
Gold Fields nears $2.4B Gold Road takeover ahead of vote
Gold Fields would gain full ownership of the Gruyere mine in Western Australia, where it currently holds a 50% stake.
Indonesia president signals intention to go after illegal mines
Indonesia will move to “rectify” illegal mines estimated to have caused $19 billion in state losses.
China warns Western companies against stockpiling rare earths, FT reports
China is warning western companies against stockpiling rare earths or risk even greater shortages.
Russia to sell seized stake in gold producer UGC to unit of Gazprombank
Russia will sell a majority stake in gold producer Uzhuralzoloto it seized from businessman Konstantin Strukov to a unit of state-owned Gazprombank.
Dubai investor offers $10M lifeline to Lucapa Diamond
The deal ensures creditors are fully paid, while shareholders get up to 1.8 AUD cents per share, up from 1.4 cents.
Bolivia election and lithium: What you need to know
Some investors hope a political shift will change regulations and unlock access to untapped lithium resources in the country.
