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The embattled mining magnate personally showed shareholders around Mineral Resources’ $3b Onslow Iron project, shortly after ...
It’s been a time of ridiculous plenty. Up in the Pilbara, giant iron ore boats that weigh 250,000 tonnes are arriving every few hours, filling up and sailing away, usually to China. China takes ...
Simandou is largely a Chinese venture, with 75% of the production controlled by Chinese companies including Baosteel, and 25% held by Rio Tinto, the world's largest iron ore miner. While in theory ...
Australia’s iron ore golden age is well and truly over. A new age is dawning – but it looks like the country may have already missed the boat. The “dig it and ship it” economics of ...
Vale S.A. VALE reported iron ore production of around 67.7 million tons (Mt) for the first quarter of 2025, which was 4.5% lower than the year-ago quarter. A strong performance at the S11D mine ...
Despite iron ore rebounding strongly in early 2023, after falling more than 50% in the second half of 2022, prices are expected to ease over the next 5 years on slower demand growth and more supply.
Iron ore imports hit record high in 2024 for second year Steel exports hit nine-year high, stoking trade tensions Dec iron ore imports up 11.5% y/y, up 10.4% m/m BEIJING, Jan 13 (Reuters ...
WHYALLA, Australia — For more than a century, Australia has fed the world’s hunger for iron ore. Vast swaths of the rusty red Outback have been dug up and delivered overseas to make the steel ...
Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s faltering economy by cost support that kicks in at around $100 a ton. But that ...