Exports from Guinea’s Simandou iron ore project surged in May, six months after the first shipment to China, marking a milestone in the ramp-up of the high-grade mine that has the potential to reshape the global market.
Exports from Guinea’s Simandou iron ore project surged in May, six months after the first shipment to China, marking a milestone in the ramp-up of the high-grade mine that has the potential to reshape the global market.
The mining complex in the Simandou mountain range. Photographer: Patrick Meinhardt/AFP/Getty Images
Exports from Guinea’s Simandou iron ore project surged in May, six months after the first shipment to China, marking a milestone in the ramp-up of the high-grade mine that has the potential to reshape the global market.
Exports from Guinea’s Simandou iron ore project surged in May, six months after the first shipment to China, marking a milestone in the ramp-up of the high-grade mine that has the potential to reshape the global market.
The mining complex in the Simandou mountain range. Photographer: Patrick Meinhardt/AFP/Getty Images
China’s state-backed iron ore buyer has instructed some steel mills to ask questions about Fortescue Ltd.’s new low-grade product as negotiations over a long-term supply contract hit a rough patch.
China’s state-backed iron ore buyer has instructed some steel mills to ask questions about Fortescue Ltd.’s new low-grade product as negotiations over a long-term supply contract hit a rough patch.
Iron ore headed for a monthly loss as a short-lived rally triggered by a fatal steelmaking-coal mine accident in China’s Shanxi province faded, leaving investors focused on mill margins and mounting shipments.
Iron ore headed for a monthly loss as a short-lived rally triggered by a fatal steelmaking-coal mine accident in China’s Shanxi province faded, leaving investors focused on mill margins and mounting shipments.
Chinese coking coal futures pushed higher for a second session as investors watched for a broader government crackdown on the sector after a deadly accident at a mine in Shanxi province.
Chinese coking coal futures pushed higher for a second session as investors watched for a broader government crackdown on the sector after a deadly accident at a mine in Shanxi province.
Police guard the road outside the Liushenyu coal mine in Shanxi province on May 24. Photographer: Greg Baker/AFP/Getty Images
Chinese coking coal futures jumped by the daily limit and mining stocks surged after a deadly accident in Shanxi province sparked fears of broader supply disruptions.
Chinese coking coal futures jumped by the daily limit and mining stocks surged after a deadly accident in Shanxi province sparked fears of broader supply disruptions.
China’s steel mill profitability has climbed to the highest since August, according to data from consultancy Mysteel, although questions remain over how long the improvement can last.
China’s steel mill profitability has climbed to the highest since August, according to data from consultancy Mysteel, although questions remain over how long the improvement can last.
A worker walks past molten steel at a steel factory in Huai'an, in China's eastern Jiangsu province on July 22, 2025. (Photo by CN-STR / AFP via Getty Images) / China OUT
A number of Australian steel-making coal mines may have struggled to sustain recent recoveries in output, potentially supporting prices of the commodity, according to a satellite-data analytics firm.
A number of Australian steel-making coal mines may have struggled to sustain recent recoveries in output, potentially supporting prices of the commodity, according to a satellite-data analytics firm.
Fortescue Ltd., one of the world’s biggest iron ore miners, has been ordered to pay over A$150 million ($108 million) in damages to an Aboriginal group after being found to have operated the Solomon Hub project on their land without consent.
Fortescue Ltd., one of the world’s biggest iron ore miners, has been ordered to pay over A$150 million ($108 million) in damages to an Aboriginal group after being found to have operated the Solomon Hub project on their land without consent.
The global steel industry’s green transition is threatened by continued spending on coal-based production and underinvestment in cleaner methods, according to a clean energy research group.
The global steel industry’s green transition is threatened by continued spending on coal-based production and underinvestment in cleaner methods, according to a clean energy research group.
Stockpiles of coal at a sorting and storage facility near the Beilun Port in Ningbo, China, on Sunday, Dec. 21, 2025. China is by far the world’s biggest buyer of iron ore, but has long complained prices are mainly dictated by major global miners.
A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply of ships that haul bulk commodities.
A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply of ships that haul bulk commodities.
Singapore’s lawmakers unanimously passed a motion affirming that the country will not have jobless growth amid the artificial intelligence transition, CNA reported.
Singapore’s lawmakers unanimously passed a motion affirming that the country will not have jobless growth amid the artificial intelligence transition, CNA reported.
Commuters cross a road at night in the central business district of Singapore, on Wednesday, Oct. 28, 2015. Singapore's third quarter unemployment rates are scheduled to be released on Oct. 29 by the Ministry of Manpower.
Iron ore rose toward a one-month high, despite a resolution of a dispute between BHP Group and China Mineral Resources Group Co. that had supported prices by putting some supply at risk.
Iron ore rose toward a one-month high, despite a resolution of a dispute between BHP Group and China Mineral Resources Group Co. that had supported prices by putting some supply at risk.
BHP Group has struck a supply deal with China’s state-backed iron ore buyer, ending a months-long standoff between a vital consumer and the world’s largest miner that has roiled markets and hampered steel mills’ access to key products.
BHP Group has struck a supply deal with China’s state-backed iron ore buyer, ending a months-long standoff between a vital consumer and the world’s largest miner that has roiled markets and hampered steel mills’ access to key products.
A freight train carrying iron ore travels towards Port Hedland, Australia. Photographer: Ian Waldie/Bloomberg
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