Investors worth $10.2 trillion press global miners for indigenous engagement talks

After a 85% rise in 2016, iron ore prices are now down 3.2% so far this year, which has placed the commodity in a bear market.

Shipments will start almost nearly three years after the two countries signed an export deal for peaceful power generation.

Company says the associated risks of spinning off about $22 billion of its US oil assets and listing them in New York would significantly outweigh any potential benefits.

2016 highlights: a year of breakthroughs and setbacks

By the end of 2017, Yancoal Australia may become one of the top three coal producers in this country.

Coking coal prices gained 86% to $283.10 a tonne this week, the biggest gain in four years.

Ore with 62% content in Qingdao fell almost 7% overnight, entering a bear market and erasing all of this year’s gains.

The amount is linked to what is known as “transfer pricing” between Rio Tinto’s Australian operations and its Singapore office.

While the company had other projects in the country, the Bayan Khundii gold project went from greenfield prospect to being its main asset in roughly nine months.