Iron ore, used to make steel, was by far Australia's top export last year with a total value of $136billion, due to insatiable demand from China. Western Australia's Pilbara region supplied the ...
The price of iron ore has dropped to its lowest in nearly two years, a drain on profits for some of the world’s biggest miners as they raise bets on commodities like copper that they expect will ...
A Chinese fishing vessel at Suva port in Fiji. In 2011, Beijing established an extensive security partnership with Fiji, hoping to replicate it across the Pacific. Warning: This graphic requires ...
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 ...
Iron ore rose from its lowest close since November 2022, as bearish investors took pause after a sharp slump for the steelmaking material. The flick higher on Friday ends five days of losses amid ...
Iron ore futures fell by the most in nearly two years on Wednesday, weighed by prospects of stronger global supply and weakening Chinese steel demand. Benchmark October iron ore on the Singapore ...
Iron ore’s plunge is about to test the view that the steelmaking material can find solid price support at $90 a ton or more as high-cost mines are nudged out of the market. Futures in Singapore ...
The addition of a gold mine to the basket of assets controlled by Forrest comes at an inflection point for the billionaire who has been looking to expand away from near total reliance on iron ore ...
Learn More The iron ore price may come under further pressure after some disappointing news from one of the world's largest iron ore miners. ASX iron ore shares could face more market pessimism ...
Vale SA said it will produce more iron ore this year than previously expected, even with prices trading near two-year lows as China’s steel slowdown weighs on the global market. The world’s No.
In the early game, one of the easiest resources to farm is iron ore, which can be found in the first couple of minutes of play and farmed with the beginner picker tool. Pioneers can also ...
Despite Goldman analysts highlighting the latest gloomy high-frequency economic data out of China, and others at the bank noting that iron ore's "fundamental outlook remains bleak" with prices ...