Japan's Mitsui and Australia's Rio Tinto have started a feasibility study into a new iron ore mine which will compete with the Chinese controlled Simandou mine.

The past week or so has seen quite a yo-yo ride for global iron ore prices. Ore futures, including the most active September contract on China's Dalian Commodity Exchange, dropped by about 2% on May 8 ...

Iron ore futures prices on China's Dalian Commodity Exchange have shown an upward trend, indicating a potential recovery in the market. China's economic conditions, including infrastructure ...

The iron ore market in 2025 did not experience the widespread collapse predicted by some pessimists. Instead, it showed an "N-shaped" trend of "rising lows and constrained highs." Overall, the price ...

The iron ore market is experiencing volatility due to new tariffs on Chinese steel imposed by countries like Vietnam and South Korea. Fluctuations in iron ore prices are also attributed to changes in ...

The Nasdaq Composite just keeps keeping on – and it seems the cries from the doubters have fallen silent! Most major investment banks and the Australian government peg the Iron ore price around ...

LAUNCESTON, Australia, Aug 19 (Reuters) - Lower iron ore prices copped the blame for BHP Group reporting its lowest annual underlying profit for five years. But the news is unlikely to get better for ...

Rio Tinto RIO reported iron ore shipments (on a 100% basis) of 86.5 million tons (Mt) for the fourth quarter of 2024, which declined 1% year over year. This takes RIO’s yearly total to 328 Mt, down 1% ...