Brazil, Australia iron ore shipments set 2020 record

Iron ore miner says it has the ability to expand its production capacity beyond the 55 million tonnes it has targeted.

“If we don’t do anything we will continually be disappointed and the industry will slowly dig itself into a hole of irrelevance and oblivion.”

Arnoud Balhuizen, head of marketing at BHP, said the impact of the looming electric vehicle boom for raw materials producers would be felt first in the metals markets and only later in oil.

Companies have reached agreement for the expansion of Cat® Command for Hauling at Fortescue’s iron ore mines in the Pilbara region of Western Australia.

The New Zealand-listed company acquired 100 per cent of Newcrest NZ Exploration, a Newcrest Mining subsidiary

The commodity has fallen every week so far in September.

Benchmark price down 7.4% on Thursday.

As always when prices start to decline after a surge that appeared unrelated to supply-demand fundamentals, the question is will the reverse become a rout and where exactly does fair value lie?

He intends to buy as much as 1.5 billion pounds (about$2 billion) worth of additional Anglo American shares.