Iron ore headed for a weekly loss as Australia’s government forecast sharply lower prices, the US dollar hit a two-year high, and traders waited for China’s next move to support its economy. Futures ...
The resolution of negotiations between Australian mining giant BHP and China's state-backed iron ore buyer China Mineral ...
Iron prices started off strong at the beginning of 2024, but have since dropped steeply to two-year lows. Market watchers are looking for a turnaround in China’s economy. Iron is one of the world’s ...
The past week or so has seen quite a yo-yo ride for global iron ore prices. Ore futures, including the most active September contract on China's Dalian Commodity Exchange, dropped by about 2% on May 8 ...
Fortescue on Tuesday reported a 41% fall in annual net profit and pared its dividend, reflecting a drop in iron-ore prices as China's real-estate crisis weighed on steel demand. Australia's Fortescue, ...
Market research firm BMI, a Fitch Solutions company, has maintained its 2025 iron-ore price forecast at an average of $100/t, expecting continued downward pressure owing to weak demand stemming from a ...
Goldman Sachs anticipates a short covering rally in iron ore, driven by oversold conditions and pre-holiday restocking. The bank maintains a structurally bearish outlook for iron ore due to oversupply ...
An abundance of high-quality iron ore and the recent discovery of a 55 billion metric ton reserve have pushed Western Australia into the top spot as the world’s leading iron ore supplier. China, the ...
BEIJING: Iron ore futures prices traded largely within a tight range on Tuesday, as investors shifted focus to ...
Rio Tinto first-half profit drops 16% to $4.81 billion Interim dividend drops to $1.48, lowest in seven years Focus shifts to copper and lithium due to strong demand July 30 (Reuters) - Rio Tinto ...
High and rising prices for rare earths used in commercial and military technologies has boosted the fortune of Australian ...