• Delayed Prices (USD) - Last Updated 14-04-2021
    • Gold$1,745.80
    • Silver$25.33
    • Dalian Iron Ore i2109$154.87
    • LME Aluminium$2,250.00
    • LME Cobalt $49,840.00
    • LME Copper $8,993.00
    • LME Lead $1,958.00
    • LME Nickel $16,629.00
    • LME Tin $28,060.00
    • LME Zinc $2,807.00
    • All Prices in USD - Last Updated 2021-01-11
    • Gold$1,836.70
    • Silver$24.655
    • Dalian Iron Ore (May 2021 Delivery) $160.58
    • LME Aluminium $2,029.50
    • LME Cobalt $36,500
    • LME Copper $8,146.00
    • LME Lead $2,000.00
    • LME Nickel $17,890.00
    • LME Zinc $2,824.50
    • LME Tin $21.325.00
    Home News Iron Ore

    Iron Ore

    Sundance Resources begins international arbitration against Congo, seeks $8.76 billion in damages

    Sundance Resources Limited (ASX: SDL) announced on Thursday that it has referred its dispute with the Republic of Congo over the Nabeba iron ore...

    Global steel output jumps 4.1% year-on-year: World Steel Association

    World Steel Association data showed on Tuesday that the global crude steel production climbed to 150.2 million tonnes in February 2021, a 4.1% surge...

    Rio Tinto to implement indigenous advisory committee following scandals

    Mining giant Rio Tinto announced on Tuesday that it is set to form an indigenous advisory panel to ensure that cultural heritage sites within...

    Dalian iron ore futures weaken as Tangshan tightens air-pollution controls

    Dalian iron ore futures declined by 3.5% during Friday trade on news of further government environmental restrictions in major Chinese steelmaking city Tangshan: Tangshan...

    ArcelorMittal launches XCarb initiatives in aim to achieve carbon-neutral steel

    Steelmaker ArcelorMittal announced on March 17 the creation of its first three XCarb initiatives as a part of its strategy to slash pollution by...

    Fenix Resources reaches 1.25 Mt milestone production rate at Iron Ridge

    Fenix Resources Limited (ASX: FEX) announced that it has passed a new milestone production rate at its flagship Iron Ridge mine in Western Australia,...

    Dalian iron ore futures dive 10% on Tangshan anti-pollution restrictions

    Dalian iron ore futures tumbled to reach the 10% daily limit on Tuesday, driven by the anti-pollution curbs in Tangshan, the top steelmaking city...

    Steel demand to wane on lower Chinese GDP targets: S&P Global Platts

    According to a report by S&P Global Platts Analytics, infrastructure & property steel demand and steel production is forecast to be adversely impacted due...

    TNG’s Mount Peake awarded major project status by Australian Government

    TNG Limited (ASX: TNG) announced that the Australian Federal Government has awarded Federal Major Project Status to TNG’s Mount Peake Vanadium-Titanium-Iron Project in the...

    Chinese rebar prices climb to decade-high levels on production headwinds

    Chinese rebar futures climbed to their highest levels since August 2011 on Wednesday, driven by output cut concerns as the country takes steps towards...

    Brazil’s Vale ramps iron ore pellet production, poised to reach previous levels by 2022

    Vale (NYSE: VALE), the world's largest supplier of iron ore pellets, announced that it expects to increase pellet production in 2021 with plans to...

    Dalian iron ore hits 8-week high on China post-holiday demand

    Dalian iron ore futures climbed up 7% on Thursday, putting the benchmark contract on an 8-week high price, buoyed by the improved demand from...

    Rio Tinto announces $9B dividend on strong annual earnings

    Rio Tinto (ASX: RIO) on Wednesday reported robust results buoyed by the boom in commodity prices and surge in iron ore demand due to...

    Rio Tinto inks MOU to explore low-carbon iron production in Canada

    Rio Tinto, Paul Wurth S.A., and SHS-Stahl-Holding-Saar GmbH & Co. KGaA (SHS) have teamed up and signed a Memorandum of Understanding (MOU) to explore...

    BHP declares record half-year dividend on strong Chinese demand

    The world’s biggest miner BHP Group Ltd has announced a record interim dividend of $1.01 per share as its half-year profits surged to a...

    BHP joins forces with Japan’s JFE to reduce emissions in steel production

    Australian resources company BHP announced that it has signed a memorandum of understanding (MOU) with Japan’s leading steel producer, JFE Steel, and pledged up...

    Driven by iron ore’s pandemic rally, WA’s budget surplus crosses $3 billion

    According to the latest projections from Western Australia’s Department of Treasury, the state’s budget surplus has been revised up to $3.1 billion due to...

    Brazilian miner Vale inks USD $7 billion compensation deal over Brumadinho

    Brazilian mining giant Vale SA and the state of Minas Gerais, Brazil, on Thursday, have signed a 37.6 billion reals (USD $7B) compensation deal...

    China iron ore futures slump on rising shipments from Brazil

    Dalian iron ore futures retreated on Wednesday buoyed by increasing shipments from top suppliers including Brazil, and a slump in demand in China ahead...

    China industry body anticipates higher steel demand in 2021

    China’s steel demand is expected to grow in 2021 according to China Iron and Steel Association (CISA). This growth is expected to be driven...

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