TOKYO -- Japanese trading house Itochu will raise its iron ore concessions to about 40 million tonnes on an annual production basis amid growing demand in the Global South.
FY25 profit $10.16 bln misses estimates FY dividend of $1.10/share lowest since 2017 but better than expected Demand for commodities resilient despite tariff uncertainty, BHP says Net debt target ...
Iron ore was headed for its first back-to-back weekly gain since July, as expectations of production resuming in China boosted sentiment. Futures of the steelmaking ingredient slipped but held above ...
Iron ore edged lower for a second day as investors weighed Chinese demand after the latest data showed a slowdown in government spending. China’s government spending increased at a slower rate for a ...
Chris Ellison-led MinRes intends to hedge up to a third of its iron ore production over the next six months to provide some certainty as it grapples with liquidity issues and a probe into its managing ...
Australia’s government report forecasts iron ore earnings of A$105 billion for 2026, down from A$116 billion last year, amid rising global supply. (Australian Mining pic) Australian Prime Minister ...
Add articles to your saved list and come back to them any time. The escalating row over iron ore exports between China and mining giant BHP remains unresolved, after Prime Minister Anthony Albanese ...
(Reuters) -BHP said annual profit fell to the lowest in five years as sluggish demand from China weighed on iron ore prices and flagged a cut in capital and exploration spending but declared a ...
MELBOURNE--Australia’s Prime Minister Anthony Albanese called on China to import Australian iron ore without hindrance after reports on Wednesday that a state-run Chinese iron ore buyer had told ...
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 ...