Rio Tinto Say Iron Ore Exports Steady
Digest more
Australia and China should cooperate more closely over green steel, Prime Minister Anthony Albanese said in Shanghai on Monday, even as he called on the world's largest steelmaker to address excess capacity for the metal.
Iron ore held its biggest weekly gain since January, with traders looking ahead to the release of data in China that may show the economy of the world’s biggest metals consuming nation expanded more than 5% in the second quarter.
Simon Trott jokes that he didn’t want to follow in his father’s footsteps and become a farmer because of the vagaries of the weather, and the threat of drought and failed crops.
Iron ore prices have been a model of stability in recent months despite the increasing clouds over the outlook for the key steel raw material.
Dune: Awakening ’s desert is filled with raw resources like crystals, metals, ore, stone, and even corpses, that lend their essence to crafting useful survival tools and equipment. One of the most important materials is Iron.
Explore more
Australia’s peak transport safety authority has launched a belated investigation into an emergency triggered by a Fortescue iron ore carrier at the world’s biggest bulk export port.
Australia’s potential to export green metals – made here using abundant, cheap renewable energy – could deliver immeasurable economic benefits and accelerate the global race to net zero. It’s now a step closer.
The deal signed with CIA Siderúrgica Nacional SA is for the delivery of 6 million tons of iron ore over four years.