Iron ore
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 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 output for the steelmaking element slightly missed estimates on m...
Singapore firm anchors West Africa’s mega mine: Inside Winning International’s Simandou play
The company leverages the city-state’s connector strengths to reshape global high-grade iron-ore trade
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
China bans all BHP iron ore cargoes as pricing dispute deepens
[BEIJING] China’s state-run iron ore buyer has told major steelmakers and traders to temporarily halt purchases of all new BHP Group cargoes, widening an earlier curb as contract talks have stalled, a...
An Aussie tycoon bets billions on cleaning up iron-ore giant
Fortescue’s plan includes replacing diesel-powered mining equipment with electric excavators and drills, building vast wind, solar and battery farms to power operations
China’s commodities imports rise as seasonal demand revives
Chinese steel production has fallen in recent months, most recently to ensure clear skies for last week’s military parade in Beijing, which has raised prices and margins
Iron ore hits over one-week high as Rio Tinto suspends work at Guinea mine
This has raised fears of a potential delay in production start at the mine
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 for its commodities remained resilient despite an uncertain gl...
China’s 1.2 trillion yuan dam project lifts metals markets, but isn’t a quick fix for glut
The project’s output will treble that of the Three Gorges Dam, generating annual electricity more than five times Singapore’s 2024 consumption