BHP, Rio Tinto are joining forces to boost iron ore pipeline
Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of existing infrastructure BHP Group and Rio Tinto Group,…
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ore
BHP strikes US$2 billion funding deal with GIP for iron ore power network
The two firms will form an entity in which BHP will hold a 51% stake and GIP the remaining 49% stake BHP Group said on Tuesday (Dec 8) that BlackRock-owned Global Infrastructure Fund (GIP)…
BHP bets on iron ore resilience despite China slowdown; Q1 output misses
BHP Group on Tuesday struck an upbeat note on global iron ore demand even as it warned of cooling growth in China, while first-quarter output for the steelmaking element slightly missed…
BHP-China iron ore standoff may drag into 2026 as talks stall
CMRG has been pushing to sign long-term contracts on behalf of the country’s main steel mills, according to the sources [LONDON/SINGAPORE] A price dispute between mining giant BHP Group…
Iron ore hits over one-week high as Rio Tinto suspends work at Guinea mine
Iron ore futures touched a one-week high on Monday (Aug 25) as Rio Tinto suspended activity at its Simandou project in Guinea following an incident, raising fears of a potential delay in…
China may need to trim record copper output on shortage of ore
China’s copper smelters could be at a turning point, as a persistent shortage of ore forces them to trim production from record levels, just as the government ramps up its campaign against…
Iron ore markets brace for shake-up as Singapore-linked Simandou nears production
Global iron ore trade is facing a pivotal shift as Simandou, a massive iron ore mine in Guinea being developed by a Singapore conglomerate, is about to ramp up supply of the ferrous…
Iron ore markets head for shake-up as Singapore-linked Simandou nears production
Global iron ore trade is facing a pivotal shift as Simandou, a massive iron ore mine in Guinea being developed by a Singapore conglomerate, is about to ramp up supply of the ferrous…
Iron ore stays relevant despite China’s faltering property sector as demand drivers evolve
Iron ore, the backbone of China’s steel-fueled boom for more than two decades, is facing a pivotal demand shift. The ferrous metal’s fortunes are now decoupling from the country’s property…
Iron ore slumps on China property concerns, firmer supply
IRON ore futures declined to their lowest level in nearly two months on Friday (Nov 15) and fell for the week, weighed down by weakness in China’s property sector, stronger supply, and…
Iron ore rallies back above US$100 as China’s shift boosts outlook
Futures are on course for the highest close since August, rising 3.5 per cent to US$101.95 a tonne in Singapore IRON ore headed for the biggest weekly gain since April, with futures…