MINING.COM

Iron ore price rises as China cuts lending benchmarks

China’s property market crisis is testing whether central bank Governor Yi Gang can stick to his stimulus-lite strategy.

MINING.COM Staff Writer | August 23, 2022 | 9:57 am

Electric vehicle industry prizes steel over aluminum, Cleveland-Cliffs CEO says

Chief Executive Lourenco Goncalves said EV companies are going “all-in” on steel as they build out plans for the transition away from combustion-engine vehicles.

Bloomberg News | August 22, 2022 | 4:33 pm

Fortescue inches closer to iron ore exploration in Gabon

A majority-owned joint venture has signed an agreement that will pave the way to study and obtain a licence to explore the Belinga project.

Reuters | August 19, 2022 | 11:02 am

ERG halts iron ore supply to Russia’s MMK due to sanctions

The United States included MMK in its latest round of sanctions this month.

Reuters | August 19, 2022 | 7:53 am

China demand doubts darken mood as miners baulk at energy costs

The IMF forecast that global growth could slow to 2.9% in 2023.

Reuters | August 19, 2022 | 7:41 am

Worsening economic outlook, weak metals prices marred mining in Q2, says S&P Global

Softer numbers translated into depressed equity market support for the mining industry.

Henry Lazenby | August 18, 2022 | 2:44 pm

Five vital commodity industries are buckling under energy crisis

Energy-intensive sectors such as steel, fertilizers, and aluminum are being forced to close factories or pass on soaring costs.

Bloomberg News | August 18, 2022 | 5:50 am

Column: Iron ore’s short-term outlook at odds with longer optimism

It's likely that keeping iron ore above $100 a tonne will require some actual evidence that the bullish narrative is starting to kick in, writes Clyde Russell.

Reuters | August 18, 2022 | 5:02 am

Iron ore price tumbles as China power shortages hit steel mills

Nearly 20 steel mills in China's southwest regions had suspended operations as of Wednesday.

MINING.COM Staff Writer | August 17, 2022 | 8:28 am

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Iron ore price rises as China stimulus lifts sentiment

Iron ore price struggles for direction as traders assess China demand

NASA to launch first mission to metal-rich asteroid

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