Seaborne iron ore market rallies as some buying returns

Mali’s military leadership has taken a harsh stance against international miners with an extensive overhaul of the sector in recent years.

Cochilco data showed that Codelco production totaled 133,600 metric tons in November.

Theo Yameogo, EY’s metals and mining leader for North America, notes how mineral security has become a key focus for nations facing increasing trade disputes.

Gold production reached a record 502,029 oz. in 2024.