Iron ore’s reset to $100 heralds China’s new economy shift
Iron ore’s weakness comes amid tentative signs that the wider economy is beginning to heal.
Latest Stories
Shanghai exchange to work on nickel futures internationalization
The Shanghai exchange will look to take advantage of restructuring in the global nickel pricing system, its deputy general manager said.
Deutsche Bank says Glencore may weigh listing move to US
The firm’s primary listing could come into focus due to a lack of shareholder support for a plan to split off its coal business and list it separately in New York.
Electra Battery to source cobalt from Eurasian Resources for Ontario refinery
Once fully commissioned, the refinery could produce sufficient cobalt for up to 1.5 million electric vehicles annually.
Electra commissions clean iron pilot plant
Electra announced the commissioning of a pilot plant to produce metallic iron from already mined, high-impurity ores.
Paladin Energy kicks off commercial production at Namibia uranium mine
The company will now focus on ramping up operations at its 75%-owned Langer Heinrich uranium mine as demand for the material picks up.
Copper price rallies amid rising optimism on Chinese economic outlook
Investors are becoming more optimistic about the world’s second-largest economy after the official March manufacturing purchasing figures.
Hyundai Motor ends Indonesia aluminum deal after climate campaign by K-pop fans
The South Korean automaker signed a memorandum of understanding with Adaro Minerals in 2022.
Gold Fields begins gold production at new Chilean mine
The almost $1.2bn Salares Norte mine faced some unique challenges, including relocating a handful of endangered rodents, rocketing costs and technical delays.
