Iron ore price rises on pre-holiday restocking, China stimulus hopes
"Winter restocking of iron ore among steel mills is still underway, so we believe ore prices will find some support in the near term," analyst says.
NRW Holdings, leading provider of civil and mining services to the resources sector in Australia, in joint venture with the Ngarluma and Yindjibarndi Foundation Ltd (NYFL) and Eastern Guruma Pty Ltd, has been awarded a contract worth approximately A$80 million for mining at Fortescue Metals Group (Fortescue’s) expansion project the Solomon Hub. Read more
