Minnesota State Senator Grant Hauschild announced on Thursday morning that nearly 600 Iron Range Steelworkers will be temporarily laid off. Cleveland Cliffs will temporarily idle both Hibbing Taconite ...
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Rio Tinto Ltd (ASX: RIO) and the BHP Group Ltd (ASX: BHP) shares have not been immune to the retrace in global iron ore prices. But the S&P/ASX 200 Index (ASX: XJO) mining giants are well-placed ...
The access deal came as Mineral Resources prepared to cease exporting iron ore from its depleted Yilgarn iron ore mines through Esperance. Gold Valley is owned by Perth businessman and Chinese expat ...
State-owned miner NMDC reported 30-40% decline in daily production as workers at iron ore mines in Chhattisgarh and Karnataka resorted to a slowdown and work-to-rule over wages. The estimated ...
Meanwhile, Zijin Mining Group is supercharging its Julong copper project, which, once complete, will become China’s largest copper extraction operation—processing a mind-boggling 100 million tons of ...
In February, Fortescue reported first-half profit fell 53% to $1.55bn as iron ore demand from China weakened. Its Pilbara mines in north-western Australia are on track to ship 190m to 200m tonnes ...
Beijing: Prices of iron ore futures climbed on Monday, as China's recent lacklustre inflation data fuelled hopes for additional supportive measures to meet its annual growth target, although lingering ...
Resources investors are braced for swinging cuts to China’s steel production to hurt local iron ore miners as the market also prepares for a surge in supply from new and big African projects.
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