Rio Tinto slips on conservative output forecasts for 2023
By Geoffrey Smith Investing.com -- Shares in Rio Tinto (LON:RIO) slipped on Wednesday after the mining giant published conservative output forecasts for 2023, with no increase expected...
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Traders Use Iron Ore Carriers To Transport Coal As Energy Demand Rises
Amid lackluster demand for iron ore in China, traders have started to use bulk carriers previously shipping iron ore on new routes to transport coal as the world grapples with an energy...
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South Africa Iron Ore Exports to the EU Retreat, While China Imports More So Far in 2022
The South African iron ore trade has had a mixed year so far. During the nine-month period of 2022, the third largest iron ore exporter has increased its shipments to China, while those...
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Iron-Ore Prices Buckle as China Property Market Slump Drags On
Iron-ore prices have slumped to a three-year low as a sharp slowdown in Chinese homebuilding combines with Beijing’s zero-Covid strategy to sap demand for the steelmaking commodity.
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Leading energy and maritime actors set priority actions to accelerate the development of the Australia-East Asia Iron Ore Green Corridor
In June 2022, 13 members of the Getting to Zero Coalition and leading Australian shipping and energy stakeholders formed a taskforce, convened and chaired by the Global Maritime Forum, to...
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Iron Ore Prices Remain Strong Despite Doubts Over China’s Economy
Via AG Metal Miner Concern over China’s economy notwithstanding, iron ore remained relatively stable in September and October. This is of note because historically, these months are one of...
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BHP Shares Fall 1.2% as Weaker Coal Production Offsets Iron Ore Gains
By Ambar Warrick Investing.com-- Australian shares of BHP Group (ASX:BHP) fell over 1% on Wednesday as a sharp drop in coal production during the September quarter offset steady output from...
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Rio Tinto (NYSE:RIO) Lowers Shipment Outlook After Q3 Iron Ore Deliveries Fall YOY
Rio Tinto (NYSE:RIO) revealed on Tuesday that its third-quarter iron ore shipments declined from last year, despite a rise in production. Moreover, the mining company also lowered its annual...
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Rio Tinto Lags Australian Stocks on Softer Iron Ore Outlook
By Ambar Warrick Investing.com-- Australian shares of mining major Rio Tinto lagged their local peers on Tuesday after the firm forecast annual iron ore shipments at the lower end of its...
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S.Africa’s Kumba Iron Ore says Transnet strike will hit exports
(Reuters) – South Africa’s Kumba Iron Ore’s production and exports will be hampered by a strike at state-owned logistics company Transnet, the miner said on Monday.
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Gold in a Holding Pattern, Copper Slips on China Jitters
By Ambar Warrick Investing.com-- Gold prices kept to a tight range on Thursday amid mixed signals over U.S. monetary policy, while Copper prices fell after a profit warning from a major...
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Copper, Iron Ore Falls as Growth Data, Homebuyer Strike Worsen Real Estate Crisis
By Geoffrey Smith Investing.com -- Base metals prices fell to new lows for the year on Friday after China's second quarter growth data fell short of expectations, prompting some to revise...
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Australian Shares Fall 1.6%, Snapping 3 Sessions of Gain
By Oliver Gray Investing.com - The S&P/ASX 200 fell 105.7 points or 1.6% to 6,544.9 during the first hour of Friday’s trade, declining for the first session in four and trading near weekly...
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Australian Shares Extend Gains as Energy and Materials Bounce Back
By Oliver Gray Investing.com - The S&P/ASX 200 added 40.10 points or 0.60% to 6,688.10 after the first hour of Friday’s trade, extending gains of 0.8% in the previous session as a continued...
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Miners Gain on Report of Chinese Fiscal Stimulus Plans
By Geoffrey Smith Investing.com -- London-listed mining stocks rallied hard on Thursday after a newswire report suggesting that China is prepared to ramp up infrastructure spending again in...
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Australian Shares Advance for Third Session
By Oliver Gray Investing.com - The S&P/ASX 200 added 21.9 points or 0.3% to 6,651.2 after the first hour of Wednesday’s session, extending gains for the third consecutive session following...
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ASX 200 Finishes the Week 0.6% Lower
By Oliver Gray Investing.com - The S&P/ASX 200 dropped 28.2 points or 0.4% to 6539.9 during Friday’s trading session, closing out the week 0.6% lower as falling commodity prices weighed on...
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Australian Shares Lift 0.5% as Yields Ease, Industrials Lift
By Oliver Gray Investing.com - The S&P/ASX 200 lifted 33.3 points or 0.5% to 6,601.3 after the first 45 minutes of Friday’s trade, starting the new financial year in the green and snapping...
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Australian Shares Lift 0.6%, Real Estate Leads Gains
By Oliver Gray Investing.com - The S&P/ASX 200 added 36 points or 0.6% to 6,544.5 after the first hour of Thursday’s deals, retracing losses of 0.2% in the previous session as gains in real...
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Australian Shares Fall to Fresh 16-Month Lows
By Oliver Gray Investing.com - The S&P/ASX 200 fell 0.6% or 41.1 points to 6433.4 during Monday’s deals, extending declines for the 7th consecutive session and closing at fresh 16-month...
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Miner Ferrexpo Cuts Iron Ore Pellet Output Amid Ukraine War Disruptions
By Scott Kanowsky Investing.com -- Shares in Ferrexpo PLC (LON:FXPO) slid on Monday, after the London-listed miner slashed output of its key iron ore pellets due in part to a Russian...
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Australian Shares Trade Higher, Industrials Lead Gains
By Oliver Gray Investing.com - The S&P/ASX 200 added 0.9% to 7,159.5 after the first hour of Wednesday’s trade, snapping two sessions of consecutive losses after Reserve Bank of Australia...
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Australian Shares Finish the Week 0.8% Higher As Commodities Rally
By Oliver Gray Investing.com - The S&P/ASX 200 gained 62.90 points or 0.9% to 7,238.80 during Friday’s deals, finishing the week 0.8% higher amid strong performances from both the...
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Australian Shares Lift 1%, Buoyed by Materials and Tech
By Oliver Gray Investing.com - the S&P/ASX 200 added 69.6 points or 1% to 7,245.5 after the first hour of Friday’s trade, buoyed by strong gains in the Materials and Technology sectors. ASX...
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ASX 200 Adds 0.1% at Close, Codan Surges 14.5%
By Oliver Gray Investing.com - The S&P/ASX 200 finished Monday’s session just 3.3 points or 0.1% higher at 7,148.9, slightly extending last week’s gain of 1% as higher iron ore prices...
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Australian Shares Gain 0.4% as Materials Lift
By Oliver Gray Investing.com - The S&P/ASX 200 added 26.1 points or 0.4% to 7,171.7 after the first hour of Monday’s trade, extending last week’s gain of 1% in its first session since the...
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