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The Latest Breaking News from iron ore

At ₹558 crore, highest-ever seizures made in Karnataka

The Election Commission has seized a whopping ₹557.69 crore from March 16, when the model code of conduct (MCC) for the Lok Sabha election came into force, till the end of the final phase of polling on May 7 in the State. This is the highest-ever pre-poll seizure that has…

The Hindu

Why Suitors Are Desperately Seeking Anglo American Stock

Producers all want to increase copper output to take advantage of rising demand in EVs, grid infrastructure and data centers - but that bullishness isn’t translating into the huge investments needed to develop new mines. Thus, the start of a bidding war for Anglo American.

Barchart

Rio Tinto faces 'biggest test' since Juukan Gorge

Rio Tinto is on the hook for water use and what has been described as the biggest test of its reputation since the destruction of ancient Juukan Gorge shelters.

AAP

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An array of countries, led by China, will decide BHP’s Anglo American buy

BHP’s bid for Anglo American doesn’t rely merely on investors. It also needs the goodwill of any array of governments around the world.

Crikey

BHP's $60b copper power play rejected by British rival

BHP has had a $60 billion bet on "future-facing commodities" rejected by rival Anglo American, which said the iron ore giant's takeover bid was opportunistic.

AAP

As Chinese demand for iron ore fades, Australia’s golden goose is looking a little ill

Until now, resource exports have largely shielded Australia from China’s economic problems. No longer.

Crikey

Miners help dig Australian shares out of a deep hole

The ASX200 finished up 0.5 per cent as rising commodity prices helped the minerals-heavy index bounce back from a five-day losing streak.

AAP

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Fortescue compo should include land and ore, court told

A court considering how much compensation traditional owners could receive from Fortescue Metals Group has been hearing evidence on how it could be calculated.

AAP

It’s time for Kerry Stokes to get out of Seven

The Stokes family is falling out of love with Seven. Is it time to sell?

Crikey

China's Iron Ore Imports Increase Amid Growing Inventories

China's increasing iron ore imports and inventories reflect growing demand and strategic stockpiling, influencing global market trends.

Top News

Value of minerals irrelevant to compensation, says FMG

Valuers are giving evidence in a court case that will decide how much compensation Yindjibarndi people should receive for FMG mining on their land.

AAP

Energy-saving steel, wastewater hydrogen win funding

More than 20 projects investigating ways to reduce emissions from steel, iron and hydrogen production will get more funding than expected, an agency says.

AAP

FMG mine 'damaged' Yindjibarndi traditions, court hears

A long-running dispute between native title holders, the Yindjibarndi people, and Fortescue Metals Group is hearing from expert witnesses.

AAP

India Proposes National Iron Ore Exchange To Address Price Anomalies

India's proposal for a national iron ore exchange aims to address price discrepancies and enhance market efficiency.

Top News

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The Hindu

Mysuru rly. division breaks records in freight loading, passenger earnings

Mysuru Division of South Western Railways achieves unprecedented milestones in freight loading and passenger earnings under Shilpi Agarwal's leadership.

StockNews.com

4 Industrial Stocks With Strong Market Performance

Fostered by increasing infrastructure development projects, the adoption of Industry 4.0, and rapid urbanization and industrialization, the industrial sector is poised for robust growth. Hence, top industrial stocks Rio Tinto (RIO), EMCOR Group (EME), Installed Building Products (IBP), and DLH Holdings (DLHC), with leading market performance, could be ideal buys.…

AAP

Australian shares edge lower as big banks weigh

The ASX200 finished 0.2 per cent lower in its third straight day of quiet trading, with heavy losses for the Big Four retail banks.

The Guardian - AU

Don’t expect a ‘big cash splash’ in this year’s budget, Jim Chalmers tells taxpayers

Treasurer says falling iron ore prices and a weaker labour market mean the large upgrades to revenue seen in the last two budgets will not be repeated

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The Guardian - AU

Second surplus on track for Australia but budget will report a fall in revenue, treasurer says

Jim Chalmers says slide in iron ore prices and uptick in jobless rate mean budget will report a much smaller revenue upgrade than in recent years

The Guardian - UK

Russia-Ukraine war live: Britain ‘prepared to loan Ukraine all frozen Russian central bank assets’ – as it happened

UK prepared to loan money on basis Russia will be forced to pay reparations to Ukraine at end of war, says foreign secretary David Cameron

Top News

China's Bearish Demand Challenges Iron Ore Price Resilience

Learn about the impact of bearish demand expectations in China on iron ore prices.

Dynamite News

Chhattisgarh: 4 labourers killed after rock caves in Dantewada mine area following landslide

Four labourers were killed while two others sustained injuries after a portion of a rock caved in an iron ore mine area in Dantewada district, following a landslide. Read further on Dynamite news:

AAP

Iron ore strength bankrolls emission-busting Fortescue

High prices and loyal Chinese demand for Fortescue Group's iron ore has delivered a stellar profit and cash pile to bankroll ambitious emission-busting plans.

Top News

Rio Tinto Profit Decreases By 12%, Increases Cash Returns

Rio Tinto reports a profit decline but remains committed to shareholder value and iron ore investments for future growth.

AAP

Aussie aluminium next on chopping block, Rio warns

Iron ore and copper giant Rio Tinto has reported a fall in profit on lower commodity prices and warns the future of aluminium depends on the energy rollout.

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