Miners’ profits face an unusual foe: extreme weather
It is an unusual situation for companies that have experience operating anywhere in the world.
Iron ore price retreats as China’s zero-covid policy clouds demand
Investors had been optimistic more aid was on its way…
Brazil’s Usiminas Q2 net profit falls 77% after forex losses
In the mining division, second-quarter iron ore sales rose 16% from a…
Vale earnings disappoint as miners grapple with stagflation
Adjusted earnings before items came in at $5.25 billion in…
Iron ore price hits 4-week high boosted by rebounding steel margins in China
Twelve blast furnaces in China have resumed operations as margins…
