Global iron ore production growth will accelerate in the coming years, bringing an end to the stagnation that has persisted since 2015, Fitch says.

High rain volumes at major ports will continue to represent a challenge for Brazilian players during 1Q.

Copper price keeps soaring as bullish sentiment prevails; Iron ore price retreats on higher steel inventories in China; Gold price dealt ‘fatal blow’ by bond yield rally

Iron ore prices fell on Friday after hitting their highest level since September 2011, as a survey of inventories of steel products in China showed a significant increase.

Company reported a more than 56% jump in half-year revenue and pointed to bullish market conditions for lithium as its loss narrowed from a year earlier.

Metal prices surged during the first trading day since the lunar new year in China, as activity ramps up to pre-pandemic levels.

Company said it is advancing plans to start international arbitration after the African country cancelled its Nabeba iron ore project in December.

The company expects iron ore shipments to be in the range of 178-182 million tonnes for the financial year, up from a prior range of 175-180 million tonnes.