China’s first iron ore futures-based exchange traded fund (ETF) has raised $11-million from institutional investors and clients at private banks, according to the manager of the fund, which will list in Hong Kong on Friday. The ETF, managed by the Hong…
China’s first iron-ore futures ETF raises $11m ahead of Friday debut Read More »
ASX-listed Strike Resources has tipped Utah Point, at Port Hedland, as the preferred port destination for its Paulsens East iron-ore project, in Western Australia.
A trade-off study focused on Port Hedland, which has existing infrastructure that could…
Strike tips Utah Point as preferred port Read More »
Vale SA is tapping into $5-billion in credit lines to boost its cash position as the coronavirus pandemic forces cutbacks at a time when the iron ore producer was working to recover from a dam collapse last year. Vale asked banks to disburse the lines …
Vale taps credit as virus heaps on strain after dam breach Read More »
Iron-ore major Fortescue Metals on Monday said that it would continue to operate its mine sites in the Pilbara, despite the Western Australian government implementing strict border controls that would require all new inter-state arrivals to self-isolat…
Fortescue continues despite Covid-19 Read More »
S&P Global Platts, which produces an iron ore benchmark index, said on Monday iron-ore prices have been resilient and activity levels have remained healthy recently. On Sunday, the China Iron & Steel Association (CISA) had warned about speculat…
Iron-ore prices resilient, activity levels healthy – S&P Global Platts Read More »
China Iron & Steel Association (CISA) warned about speculation risks in the market, as the trend for the iron-ore index was deviating from the supply and demand fundamentals and the spot market, the Xinhua official news agency reported on Sunday.
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China steel assoc warns of iron-ore speculation risks amid market fluctuations Read More »
Brazilian miner Vale said the company is monitoring its Gongo Soco mine in Barao dos Cocais as an embankment at the facility continues to erode, according to a securities filing on Monday.
Vale said it is watching for any impact the erosion could have…
Vale says part of Gongo Soco mine continues to erode Read More »
A Brazilian state environmental authority on Thursday defended granting a licence to miner Anglo American to expand an iron-ore facility, including a mining waste dam, following a lawsuit by public prosecutors seeking to block the project.
Minas Gera…
Brazil state authority defends licensing Anglo American facility expansion Read More »
In the months since Sierra Leone’s largest iron-ore mine laid off almost all its workers due to a legal dispute with the government, the once bustling town of Lunsar has become a shadow of its former self. In the central market of Lunsar, whose name me…
Sierra Leone iron-ore crisis creates debt-racked ghost town Read More »
China is close to giving the go-ahead for some of its biggest state-owned companies to develop the giant Simandou iron ore mine in Guinea, potentially paving the way for the project to be built after years of legal wrangling. China’s State-owned Assets…
China plans to approve developing giant Simandou iron-ore mine Read More »
