Business
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…
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ore
Business
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)…
Business
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…
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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]…
Business
China bans all BHP iron ore cargoes as pricing dispute deepens
China’s state-run iron ore buyer has told major steelmakers and traders to temporarily halt purchases of all new BHP Group cargoes,…
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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…
Business
BHP posts smallest annual profit in five years on lower iron ore prices
BHP Group reported its smallest annual underlying profit in five years and its lowest dividend in eight years on Tuesday, but said demand…
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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,…
Business
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…
Business
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…
Business
Fortescue profit plunges as China’s iron ore demand declines
FORTESCUE’s first-half profit plunged by 53 per cent from the year before as demand for iron ore from the biggest consumer China softened.…
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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…
Business
SGX to disclose trader positions for iron ore, rubber, freight from Oct 2
1 min read Last Updated : Sep 27 2024 | 4:38 PM IST The Singapore Exchange Group said on Friday that it plans to disclose trader positions…
Business
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…