Biggest Iron Ore Miner Threatens to Flood Market If Prices Surge
  Release time: 2017/12/11 18:44:00
The world’s biggest producer of the steel-making ingredient is prepared to unleash as much as 50 million metric tons of spare capacity to balance the market if prices get too high, Chief Executive Officer Fabio...

Rio Tinto aims for "intelligent" Australian iron ore mine
  Release time: 2017/12/08 18:17:00
A feasibility study was underway to demonstrate the economics behind developing the Koodaideri mine in the Pilbara region of the state of Western Australia, said Chief Executive, Iron Ore Chris Salisbury.Until r...

Venezuela's Ferrominera eyes 2017 iron ore output at 7.5 million mt
  Release time: 2017/12/08 18:16:00
During the first half of the year, FMO produced 3.4 million mt.During the last week, the company said in a statement it produced 155462 mt of iron ore, the best result since May.Located in Puerto Ordaz, Bolivar ...

Vale flags 7pc boost to iron ore exports
  Release time: 2017/12/07 18:13:00
The world's biggest iron ore miner has vowed to add 25 million tonnes of extra supply into global markets in 2018, and warned it could bring on further supply if prices rise too far. 　　Vale chief executive Fab...

Trade surplus hit by iron ore export slump
  Release time: 2017/12/07 18:12:00
Australia's trade surplus of$105m in October was 93pc lower than September Exports were down 3pc while imports rose 2pc Iron ore and coal shipments both led the decline in exports Economists had been expecting a...

Iron ore will go back to $50, says Goldman Sachs
  Release time: 2017/12/06 18:55:00
In an interview with Bloomberg, analyst Hui Shan said that Goldman’s projections see iron ore falling to$60 a tonne in three months, 55 in six and$50 in.If that is the case, the raw material prices would have d...

North Korea trade sanctions bite on borders with China and Russia
  Release time: 2017/11/30 17:14:00
And with the North possibly facing further sanctions following its ICBM missile test on Wednesday, things are unlikely to get any easier for traders involved with the remote region’s Rason Special Economic Zone...

Australia's FMG raises discount for Dec FB, Kings iron ore fines: custo...
  Release time: 2017/11/27 17:38:00
The discount for FMG's 57.3%-Fe Kings fines for December loading also rose to 15%, up 3% percentage points on the month, they added.？.Contracted customers are finding it difficult to re-sell these low grade car...

Forging a brighter future
  Release time: 2017/11/22 16:53:00
What has been China's biggest achievement during the past five years and its most notable change?What will China be like in five years and what is the country's long-term future?Rio Tinto remains very confident ...

India considering cut in iron ore export tax: Sources
  Release time: 2017/11/17 17:13:00
India's mining industry has lobbied for months for a cut in the duty after the country's stockpile rose over the last five years to reach 149 million tonnes at the end of the financial year in March.The major sh...

Iron ore markets will stay positive: BHP
  Release time: 2017/11/16 17:00:00
Chief executive Andrew Mackenzie told the company's annual general meeting that several of the group's commodities are currently trading above long-term price forecasts.But geopolitical uncertainty and protectio...

China iron ore imports slump to lowest level in over 1 year
  Release time: 2017/11/14 17:51:00
Chinese imports of steel-making ingredient iron ore slumped last month to the lowest level in more than a year as mills prepared to cut output to comply with production curbs ordered by the government in Beijing...