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China Cracks Down on Iron Ore Prices in a Move To Maintain Market Health

China, in a surprising twist, revealed on Monday that it had carried out a comprehensive survey on the price indices of various commodities, such as steel, iron ore, and lithium, in a bid to preserve a robust market. The pricing monitoring centre of...

Baffinland ups Mary River iron ore output toย 6 million tonnesย per year

## Baffinland: A Giant Leap in Iron Ore Output Baffinland has made a momentous decision to boost iron ore production at its Mary River mine to a staggering 6 million tonnes per year. This decision, coming hot on the heels of the federal government's...

Iron Ore Price Surges as China Shows Positive Signals

The price of iron ore on China's Dalian Commodity Exchange continued its upward trend, closing 2.51% higher at 919.5 yuan ($125.63) per metric ton, the highest level reached since March 17. Recent reports indicate that China plans to establish a mechanism to address local...

Rio Tinto to up production capacityย at Gudai-Darri, its newest iron ore mine

The worldโ€™s biggest iron ore producer shipped 83.9 million tonnes (Mt) of the steel-making ingredient from its Pilbara operations in the three months ended Sept. 30, compared with 82.9 Mt a year earlier. The $3.1 billion Gudai-Darri mine began production last year and reached its...

Iron ore price falls despite China’s support measures

The benchmark October contract for iron ore on the Singapore Exchange has dropped over 2% this week, following a peak in pricing last week. Meanwhile, the January iron ore contract, which is the most actively traded contract on China's Dalian Commodity Exchange, increased by...

The Role of Oxygen in the Formation of Ore Deposits

A recent study published in the scientific journal Nature Geoscience has shed light on the role of plate tectonics in the exchange of elements between the atmosphere, earth's surface, and the deep mantle. The study found that oxygen played a significant role in...