Iron ore climbs to multi-week high on lower shipments, hopes of China stimulus

Its latest collaboration agreement with HBIS will tap into the investment of up to $15 million over three years.

Set to be the world’s largest new iron ore mine, the project will add around 5% to global seaborne supply when it comes on line.

Iron ore prices declined for a third consecutive session on Monday.

In December, China's central bank provided 350 billion yuan in loans to policy banks, boosting expectations for additional support to the housing sector.

The firm had on Wednesday said that multiple iron ore cars derailed at its Western Australia operations.

Local media earlier reported that the Fortescue rail line into Port Hedland, Australia’s iron ore export epicentre, remained out of action on Tuesday.

Canada Nickel’s flagship project is the Crawford nickel sulphide deposit in Ontario.

China's factory activity expanded at a quicker pace in December.

The Biden administration wants to continue negotiations on measures to address overcapacity and low-carbon production.