China has a number of iron ore projects in the works in Africa as part of its ‘foundation plan’ to de-risk its supply of the mineral; For now, the country relies heavily on Australia and ...

The joint venture between mining and metals giant Rio Tinto Group and State-owned China Baowu Steel Group to develop a new iron ore mine in Western Australia's Pilbara region will further meet the ...

Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s faltering economy by cost support that kicks in at around $100 a ton.. But that ...

Critics say Rio Tinto’s Simandou iron ore mine will add to a supply glut and push down prices. But CEO Jakob Stausholm is building a case for growth. Updated Dec 6, 2023 – 12.15pm , first ...

For years, low-grade iron ore, with its limited iron content, was considered inefficient for steel manufacturing. However, advancements in technology and a renewed focus on sustainable mining have ...

Production rose because of supply chain improvements, with a record amount of iron ore delivered from the Central Pilbara hub. Copper $ 4.8145 / lb -0.58% Brent Crude Oil $ 74.23 / bbl 5.64% ...