Iron ore heads for weekly gain on brightening demand outlook, China stimulus hopes
Iron ore futures prices climbed on Friday to their highest levels in more than four months and headed for a weekly gain, as ...
Mitsui Joins Rio in Australia Iron Ore Mine for $5.3 Billion
Japanese trading house Mitsui & Co. will buy a stake in an Australian iron ore project for $5.3 billion, in a bet that the ...
Australia’s Iron Ore Hub Reopens, Rio Mines Resume After Cyclone
Australia’s biggest iron ore port reopened and Rio Tinto Plc mines resumed operations after being spared any major damage ...
Reuters4d
Mitsui to buy $5.3 billion stake in Rio Tinto iron ore project
The deal, marking Mitsui's largest investment ever is a result of long-term efforts to expand its production volume of iron ore, a key growth driver, CEO Kenichi Hori said. Rhodes Ridge is one of ...
Euronews2d
Rio Tinto sees steady earnings despite lower iron ore prices
This was despite an 11% drop in iron ore prices, mainly because of weaker demand from China, as its domestic property sector still faces major issues. Rio Tinto's share price dropped 1.5% on ...
The Australian Financial Review2d
Investors dump iron ore stocks as big miners enter a new era
Investors are preparing for a new era of slumping profits and hefty dividend cuts by the world’s largest miners as iron ore markets brace for a flood of supply to trigger a collapse in prices.
Mining3d
Mitsui to buy $5.3 billion stake in Rio Tinto iron ore project
Japanese trading house Mitsui & Co said on Wednesday it would acquire a 40% stake in the Rio Tinto-operated Rhodes Ridge iron ore project in Western Australia for $5.34 billion, to strengthen its ...
Sydney Morning Herald4d
BHP looks beyond the iron ore era, betting on the next big thing
But it won’t occur seamlessly, as the miner’s historical main profit-driver, its West Australian iron ore business, wanes even as it ramps up copper and potash as its future earnings and ...
Greek Reporter2d
Iron Age Ornaments Made from Meteorite Discovered in Poland
Archaeologists in Poland have discovered Iron Age ornaments crafted from rare meteorite iron, revealing advanced metalworking ...
Moneyweb2d
World’s biggest miners pinched by iron ore’s China problem
The world’s biggest miners, having cashed in on China’s once-rampant demand for iron ore, are starting to reel from the impact of their main customer’s economic struggles. BHP Group ...
ジャパンタイムズ4d
Mitsui to buy stake in Australian iron ore mine for $5.3 billion
Japanese trading house Mitsui & Co. will buy a stake in an Australian iron ore project for $5.3 billion, in a bet that the global steel industry will need high-quality raw materials to support its ...
Mining4d
Billionaire Friedland’s iron ore miner seeks up to $190 million in Australia IPO
Mining billionaire Robert Friedland’s latest venture, iron ore producer Ivanhoe Atlantic Inc., is seeking to raise as much as A$300 million ($190 million) from an initial public offering in ...