China’s ban on Australian coal forces trade flows to realign

After a stunning week of gains iron ore is now trading 22% above record lows hit early April.

After just three minutes of bidding, the final price was $22,090,000, including the buyer's premium.

Beijing had been widely expected to eliminate tariffs and quotas on rare earth shipments after a World Trade Organization panel branded them discriminatory last year.

In general, he says investors want well-managed, low-cost producers with moderate headline risk that can run for one or two more years at lower gold prices.

Jumps 6% on Wednesday to four-week highs despite record-setting production numbers from Big Three.

The company has become the first big miner to delay a planned output expansion.

Two Chinese banks are among the eight institutions that have provided Uralkali a $530 million loan.

The miner defended his decision to boost production, which has led to sinking prices and threatens to put some competitors out of business.

GDP slowdown was expected but China's property sector, responsible for half of steel demand, is in a tailspin as Q1 unsold inventory rises 24%.