Australian iron ore producers accounted for the largest share of operating profits in the entire resources sector, including upstream oil and gas and coal mining, during the 2018-19 fiscal year to 30 June. The resources sector, at 8pc of the economy, accounted for more than a fifth of all industry profits.
News ID: 9642 Publish Date : 2020/05/31
The SMB-Winning consortium, which comprises Chinese aluminium producer Shandong Weiqiao, China's Yantai Port Group, transport and logistics company UMS International, and Singapore's Winning Shipping, has pipped Australian iron ore producer Fortescue Metals to secure the rights to develop blocks 1 and 2 of the Simandou iron ore deposits in Guinea.
News ID: 7456 Publish Date : 2019/11/14
The average discount that Australian iron ore exporter Fortescue Metals receives across all its iron ore types to the 62pc Fe benchmark narrowed during July-September, as Chinese steel mills focused on raw material costs to try to lift their production margins.
News ID: 6961 Publish Date : 2019/10/24
Portside discounts for Fortescue Metals ' 56.5pc Fe super-special fines (SSF) have dropped below 20pc to the Argus 62pc PCX portside index on 15 February, the narrowest in recent months, and may contract further as supply keeps high-grade prices under pressure.
News ID: 3666 Publish Date : 2019/02/18
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
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Iron ore price weakens as Australia flags return to sub-$100 prices
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Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
