Goldman Sachs said it expects the spot price of iron ore will average about $US85 a tonne in the final three months of 2025, with a risk it could “temporarily ...
(Bloomberg) -- The world’s biggest miners, having cashed in on China’s once-rampant demand for iron ore, are starting to reel from the impact of their main customer’s economic struggles.
BEIJING, March 11 (Reuters) - Singapore iron ore futures rose on Tuesday, driven by expectations of increased demand as steelmakers in the northern region of top consumer China are set to resume ...
Global iron ore shipments have fallen 7% y/y, during the first seven weeks of 2025, amid supply disruptions and weak Chinese import demand. Australian cargoes have fared the worst, down 10% y/y ...
Investors are preparing for a new era of slumping profits and hefty dividend cuts by the world’s largest miners as iron ore markets brace for a flood of supply to trigger a collapse in prices.
SINGAPORE, Feb 25 (Reuters) - Iron ore futures prices faltered on Tuesday, weighed down by a recovery in iron ore shipments, with increasing levies and legislations on Chinese steel exports ...
Mining billionaire Robert Friedland’s latest venture, iron ore producer Ivanhoe Atlantic Inc., is seeking to raise as much as A$300 million ($190 million) from an initial public offering in ...
The result is unsurprising, as the iron ore market has been going through a challenging period. Still, CEO Mike Henry acknowledged the firm's strength in this part of the market cycle. Iron ore ...
Japanese trading house Mitsui & Co. will buy a stake in an Australian iron ore project for $5.3 billion, in a bet that the global steel industry will need high-quality raw materials to support its ...
Japanese trading house Mitsui & Co said on Wednesday it would acquire a 40% stake in the Rio Tinto-operated Rhodes Ridge iron ore project in Western Australia for $5.34 billion, to strengthen its ...
The Mauritania Iron Ore Train ride is a 17-hour free train ride across a barren stretch of the Sahara and has become TikTok’s hottest travel experience. It’s a wild way to experience a whole ...
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