December 21, 2020

Traders at odds with China import ban keep coal cargoes in limbo

Worsening relations between Beijing and Canberra have stranded 74 vessels, about 8.1 million tons of coal, and an estimated 1,480 mariners off Chinese ports.

December 21, 2020

Global copper output to grow over the next decade – report

Fitch Solutions forecasts global copper mine production to increase by an average annual rate of 3.7% over 2021-2029.

December 18, 2020

Copper price powers on – “tell-tale signs of supercycle”

Copper prices jumps to highest since February 2013 on hopes US economic stimulus will further boost demand for metal already in short supply amid an Asian factory and construction boom.

December 18, 2020

Iron ore price leaps to highest since 2011

Iron ore prices surged again Friday amid trading spikes Chinese steelmakers have called “unreasonable” and “abnormal.”

December 18, 2020

Blowout profits seen boosting miners trading at multi-year highs

With rising commodity prices and a drop in production costs setting the stage for blowout profits, copper producers are poised for their best year in over a decade.

December 18, 2020

Coal demand to rise 2.6% in 2021 after record decline

Demand for thermal and metallurgical coal should rise to 7,432 million tonnes in 2021, from 7,243 million tonnes this year, according to the International Energy Agency.

December 17, 2020

A tale of two crises – metals in the year of covid-19

It’s been a tumultuous year for industrial metal markets, both the worst of times and the best of times.

December 17, 2020

Rio to invest $10m in low-carbon steelmaking projects

The mining giant wants to advance its climate partnership with China Baowu Steel.

December 16, 2020

Iron ore prices on the march again

Futures hit fresh record in China after country's steel industry body in call with Rio TInto says current pricing mechanism "unreasonable."

December 15, 2020

Base metals get supercharged thanks to China rebound

Industrial metals are well on their way to being among the top performers of 2020.