Per Mining Weekly, BMI's latest report expects iron output to grow at an annual rate of 2.5% until 2029—more than double the ...
(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.
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.
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 ...
The project will also produce high-grade iron ore, around 65.3% iron content, which is better quality than most of what Rio and its competitors mine in Western Australia, the top iron ore ...
The legendary prospector has agreed to sell the iron ore aspirant to ASX-listed exporter Fenix, marking the sector’s latest West Australian buyout. Japanese firms have spent more than $10 ...
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 ...
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