Western Australia’s mining sector was key for post-covid-19 economic recovery – report

One of the world's largest miners, now expects iron ore output for the year to be between 310 Mt and 320 Mt, from a previous estimate of 320-335 Mt.

Chinese regulators on Sunday urged banks to extend loans to qualified real estate projects and meet developers financing needs where reasonable.

China spent about $180 billion on iron ore imports last year.

WCS forced workers to take one month's leave, and if the project has not restarted after that, they will be laid off.

"The government needs to intervene decisively and swiftly in order to stabilize property and capital market sentiment," said JP Morgan.

Overall, China is at a very different point in its economic cycle to much of the rest of the world, writes Clyde Russell.

Company has approved extending talks on forming a mining venture between its subsidiary Altantico Participacoes and Bergnol Holding Limited.

Rising covid-19 cases at its Pilbara operations have led to "elevated levels of unplanned absences."

PGMBM, which has also brought class-action type suits against other large corporates including Volkswagen AG and British Airways, has received the funds from investment firm North Wall Capital LLP.