Market consensus is that iron ore prices will remain soft in the outlook period to 2026. The degree to which it falls and ultimately stabilises varies across the board. The Department of Industry, ...
Gift 5 articles to anyone you choose each month when you subscribe. Income investors are banking on the strong start for the iron ore price in 2025 to bolster returns from the ASX’s mining ...
Agile iron ore miner Fenix Resources has added to its hedge book and now has 660,000t of production this year protected with a price of about A$155/t. "The [240,000t of] additional hedge contracts are ...
The ferrous complex is following its typical seasonal pattern leading into Lunar New Year. But do not be fooled. This is not a good omen for the year ahead. Westpac has warned that iron ore prices ...
A Dutton government would conduct an immediate audit of stalled coal, gas and iron ore projects to attempt to expedite the delivery of new resources jobs, with the Coalition claiming the value of ...
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Today, iron ore futures fluctuated upward. The most-traded I2505 contract closed at 797 yuan/mt, up 1.92% for the day. Traders showed an increased willingness to sell, while steel mills remained ...
Rio Tinto RIO reported iron ore shipments (on a 100% basis) of 86.5 million tons (Mt) for the fourth quarter of 2024, which declined 1% year over year. This takes RIO’s yearly total to 328 Mt ...
The company was forced to draw down on mine stockpiles towards the end of 2024 during what is typically the most productive quarter for iron ore operations in the Pilbara. Heavy rain flooded some ...
Rio Tinto’s iron ore exports took a hit during the fourth quarter, and in 2024 overall, mirroring the long-standing weak demand for capesize bulkers that has bled into 2025. The miner’s iron ...