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The first commercial shipment of iron ore from a massive new mine in Guinea is on its way to China, marking the start of a major shift in global supply of the steelmaking material. The Winning Youth ...

NEW DELHI, Dec 3 (Reuters) - India's iron ore imports hit a six-year high this year as steel mills stepped up overseas purchases to overcome shortages of high-grade ore and take advantage of lower ...

The launch of Guinea’s US$20 billion Simandou iron ore project marks a globally significant milestone. The event on Tuesday at Guinea’s Morebaya port, attended by Chinese and regional African leaders, ...

Iron ore futures ended higher on Thursday, helped by a softer dollar, although gains were limited by falling China lump ore premiums that signalled weak demand for the steelmaking material. The ...

local ore producers to speed up key projects, as the world’s biggest consumer grapples with its dependence on imported supplies from top miners such as BHP Group. The association will ramp up efforts ...

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Tokyo | China’s renewed showdown with BHP over iron ore pricing is emerging as the latest front in Beijing’s campaign to loosen the grip of the US dollar on global trade. Beijing has expanded its ...

A deep-sea cargo ship loaded with 200,000 tons of high-grade iron ore lifted anchor and departed the Port of Morebaya in Guinea, setting sail toward China on Tuesday (local time), according to a post ...

NASHWAUK, MINN. – Last week, I gazed up at the largest mining truck in Iron Range history — a 400-ton Komatsu 980E-5. The yellow behemoth occupies some 44,000 cubic feet of space, similar to ...

Is this economic combination a recipe for a renewed China-Australia trade war? Beijing has more steel than it needs. But the world wants more. So high iron ore prices appear entrenched. For now.

On an October morning along the Atlantic coast of West Africa, a bulk carrier named Winning Youth waited quietly in the port of Morebaya. It carried nearly 10,000 metric tons of blood-red earth, ...