Rio Tinto has reported a strong increase in copper production and steady numbers for its other commodities for the December quarter of 2024, with its full-year guidance unchanged. The major miner's ...
Jason Kururangi, portfolio manager at Milford Asset Management, explains why he thinks the iron ore market has not yet hit the bottom, and adds his outlook for copper prices.
Rio Tinto produced less iron ore in 2024 due to weak demand from China but more copper, bauxite, and aluminum.
The world's second-biggest miner by market value on Thursday said it produced 328.0 million metric tons of iron ore last year at mines in Australia's mineral-rich Pilbara region, and shipped 328.6 ...
ASX eked out tiny gains during Monday’s trading as rises in property trusts and information technology stocks beat falls in ...
Iron ore sank to the lowest in more than five weeks — falling below $100 a ton — as poor industrial profits in China highlighted the nation’s economic weakness, although mills’ performance ...
Australia’s big four banks are predicting a gloomier year for the country’s most important commodity, even before Rio Tinto’s ‘Pilbara killer’ project ...
Today, DEC iron ore futures initially rose but later declined. The most-traded I2505 contract closed at 776.5 yuan/mt, down slightly by 0.06% from yesterday. Traders mainly followed market trends to ...
Iron ore futures prices gained for a second straight session on Tuesday, supported by pre-holiday restocking by steelmakers in top consumer China and revived hopes of stimulus. The most-traded May ...
Monday’s mid-year budget update has seen WA’s projected operating surplus for this financial year jump by $493 million to $3.1 billion, thanks mostly to $1.7 billion more of iron ore royalties ...