The Business Times

Iron ore

Energy & Commodities

BHP-China iron ore standoff may drag into 2026 as talks stall

The new restriction marks an escalation from the halt on BHP’s Jimblebar blend fines earlier this month, and highlights Beijing’s determination to gain greater influence over prices.
Energy & Commodities

China bans all BHP iron ore cargoes as pricing dispute deepens

Australian businessman and philanthropist Andrew Forrest on board the Green Pioneer. The former oil-rig supply vessel is meant to be the first in a fleet of ammonia-powered ships.
ESG

An Aussie tycoon bets billions on cleaning up iron-ore giant

Appetite for copper has been lifted by both China’s smelter expansion and green demand for the metal.
Energy & Commodities

China’s commodities imports rise as seasonal demand revives

The Rio Tinto Group logo outside the company's offices in Perth, Australia, on Friday, Jan. 17, 2025. Rio Tinto Group and Glencore Plc have been discussing combining their businesses, which if successful would rank as the largest-ever mining deal and create a behemoth to rival longstanding leader BHP Group. Photographer: Matt Jelonek/Bloomberg
Energy & Commodities

Iron ore hits over one-week high as Rio Tinto suspends work at Guinea mine

BHP, the world’s largest listed miner, reported an underlying attributable profit of US$10.16 billion for the year ended June 30, down 26 per cent from last year and below the Visible Alpha consensus of US$10.22 billion.
Energy & Commodities

BHP posts smallest annual profit in five years on lower iron ore prices

According to estimates by Chinese ferrous markets trade monitor LGMI Steel, the dam is expected to drive six million tonnes of steel consumption – far surpassing the Three Gorges Dam’s steel usage of 70,000 tonnes.
International
COMMODITY INSIGHTS

China’s 1.2 trillion yuan dam project lifts metals markets, but isn’t a quick fix for glut

The provisional duties will be in effect from Monday for up to 120 days with a final determination to be made by Nov 3, the ministry says.
ASEAN Business

Malaysia puts anti-dumping duties on some China, South Korea, Vietnam iron, steel

Iron ore continues to be Australia’s biggest income earner, at about 30 per cent of the total.
Energy & Commodities

Australia cuts commodity export outlook despite gold price gain

The duties will exclude imports from all four countries of tin mill black plate and merchandise imported for automotive purposes, and finwall for transformer use.
ASEAN Business

Malaysia keeps anti-dumping duties on some Chinese, Japanese iron, steel

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