Iron Ore Top Stories

BHP’s iron ore profits show why Beijing wants to talk the price down

If an average price of $130 a tonne is assumed for the first half of 2022, it implies that BHP is making $50 a tonne more than what Beijing might deem reasonable, writes Clyde Russell.

Reuters | February 17, 2022 | 7:35 am

Fortescue Metals first-half profit drops 32% as costs weigh

The miner posted an underlying net profit of $2.78 billion,…

Reuters | February 15, 2022 | 3:07 pm

Chart: Bulk commodities most affected by Russia-Ukraine conflict

Woodmac flags growing commodity supply chain inefficiencies as Russia-Ukraine geopolitical…

MINING.COM Staff Writer | February 15, 2022 | 11:39 am

Iron ore price plummets 9% as China warns traders to avoid fake pricing

Several iron ore companies were reportedly called to a meeting…

MINING.COM Staff Writer | February 15, 2022 | 9:46 am

BHP first-half profits beat estimates and triggers talk of M&A

The world's no.1 miner had a busy six months marked…

Reuters | February 14, 2022 | 2:31 pm

In the coming renewable energy boom, Australia is once again the “lucky country”

The country ranks highly in the annual Fraser Institute survey of mining companies for investment attractiveness.

Reuters | May 21, 2020 | 12:57 pm

Australia reassures on China iron ore processing changes

Country said that change in China’s iron ore inspection procedures should streamline customs clearance of Australian shipments.

Reuters | May 21, 2020 | 9:27 am

CHART: Mining’s covid-19 capital spending cuts top $6bn

And 2020 copper production forecasts have been trimmed by nearly 400,000 tonnes due to covid-19 disruptions and delays.

MINING.com Editor | May 20, 2020 | 3:42 pm

Brazil court revokes decree that halted Vale operations

Authorities suspended Vale’s operating license after agents said that the company’s onsite activities have “not respected the rules of social isolation.”

Bruno Venditti | May 20, 2020 | 12:42 pm