Trading iron ore may also be considered a bet on a surging Chinese economy. In response to its surging growth and mounting pollution problems, Chinese officials have begun cracking down on mining.

Anglo Asian Mining (LON: AAZ) said on Monday it had mined the first ore from Gilar, its new underground operation at the Gedabek site in Azerbaijan. Mining activities began earlier this month ...

Anglo Asian Mining has mined the first ore from Gilar, its new underground mine at the Gedabek site in Azerbaijan. A maiden JORC mineral resources estimate was published on 11 December 2023 ...

Cleveland-Cliffs said it would temporarily idle two of its Iron Range mines and taconite pellet plants and lay off 630 workers. The iron ore mining and steel-making company said it would idle its ...

Pellet load-out bins stand at the back of the Hibbing Taconite Co. manufacturing plant, which Cleveland-Cliffs has idled. (Ariana Lindquist/Bloomberg News) ...

The Hull Rust-Mahoning Mine in Hibbing, has been in operation since 1895 and supplied as much as one-fourth of all iron ore mined in the United States during World Wars One and Two. Republican ...

More than 600 Iron Range steelworkers will be out of a job as mines that supply the struggling auto industry go offline. Cleveland-Cliffs will temporarily idle two Minnesota operations ...

Steel prices are in free fall as tariffs mount. The iron ore jaws are wide. Macquarie has thrown in the towel now. Macquarie, a global financial services group, predicted the seaborne iron ore ...

"This is difficult news for our Steelworkers, their families, and our entire Iron Range community. Mining isn’t just an industry here – it’s our way of life," said Senator Hauschild. "The men and ...

Given a caption, the model can generate up to 10 images per request (limited to five requests per second) in JPG format, priced at $0.07 per image. For comparison, AI startup Black Forest Labs ...