Column: China in risky bet to test its power in iron ore markets
Even if China does set up an effective and efficient centralized buying system for iron ore, it's unlikely to shift market dynamics much, writes Clyde Russell.
Seasonal rains at the Ponta da Madeira port, Vale's iron ore and manganese loading terminal in the Northern System resulted in fewer shipments from Carajás.
For those seeking evidence of a new commodity supercycle, and for the sceptics of a sustained boom in natural resources, Australia’s government forecaster has it covered.
Company is bracing for an investor revolt after handing $9.9 million to its former CEO Jean-Sebastien Jacques, who was ousted over the destruction of sacred Aboriginal caves.