BHP Group (BHP) has finalized an iron ore supply agreement with China's state-backed buyer, China Mineral Resources Group (CMRG), concluding months of tense negotiations. The deal follows prolonged ...

Iron ore prices have strengthened since bottoming out in September 2024, but the base metal faced headwinds in 2025 as tariff threats and investor uncertainty weighed on the market. Usage in steel ...

Every $10 increase in crude oil prices is expected to raise the per-ton extraction cost of large iron ore mines by an average of $0.3, while the cost for small mines is expected to rise by about $2.85 ...

Iron ore prices have displayed volatility in the past half decade as the world has dealt with the economic uncertainty surrounding COVID-19 lockdowns, the Russia-Ukraine war, ongoing conflicts in the ...

Disruption to the Strait of Hormuz has tightened global vessel supply, lifting freight and energy costs across the iron ore supply chain. Scenario modelling indicates a potential 11.3% increase in the ...

LAUNCESTON, Australia, May 16 (Reuters) - China's demand for imported iron ore has most likely peaked, but the composition of future imports are likely to shift as the world's biggest steel producer ...