Rio Tinto shoulders Simandou iron ore bill as Chinese funds delayed – sources

The increasing need to secure energy supplies after easing covid-19 restrictions has pushed China to gradually resume Australian coal imports.

China's southern manufacturing hub of Guangzhou plans 1,722 projects in 2023 worth more than $945 billion.

Global smelting activity for 2022 fell to its lowest level in six years.

China's state planner has allowed three central government-backed utilities and its top steelmaker to resume coal imports from Australia.

Surging covid cases in China after the easing of restrictions have reinforced worries about demand.

Guinea's government requires any developer to build a 600-km railway to the coast.

China imposed restrictions on Australian commodities including coal and wine just over two years ago.

Depending on the direction for the dollar resulting from the Fed's actions, gold is likely to fall in range between $1,620/oz $1,920/oz.

Industry insiders estimate the price at $3,300 per tonne by 2027, growing to $4,000 by 2031.