Rio, Fortescue change benchmark used for China iron ore pricing
Both Rio and Fortescue will stop using S&P Global Energy Platts Iron Ore Index — the industry’s seaborne benchmark — for term contracts.
Latest Stories
Copper price racks up longest rally since 2017 with bulls at the helm
Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009.
Silver price: Here’s what to watch for after wild ride past $80
Surging investor interest in China has been a key driver of silver prices in recent days.
Mercuria signs copper concentrate offtake agreement with Bulgarian miner
The agreement is for 100% of copper concentrate produced at the Ellatzite mine in 2026.
Platinum price set for biggest monthly gain in 39 years on EU auto policy boost
After hitting a record high of $2,478.50 per ounce on Monday, the metal is heading for its biggest yearly growth on record of 146%.
Russia says stake in gold producer UGC to be put up for public auction soon
In July 2025, a Russian court ruled that the majority stake in UGC should be seized and transferred to the state.
South Africa’s last manganese smelter on the brink as high power costs weigh
Transalloys CEO Konstantin Sadovnik says the business has been loss‑making for about three years.
Indonesia to cut mining output quotas to support prices
Indonesia is the world's top exporter of thermal coal and nickel products.
Top stories of 2025 on MINING.COM
Critical minerals and gold were the two big themes shaping the mining industry in 2025.