Business

Sales of iron ore in the quarter exceeded production by 2.2 million tonnes.

Rio recoups lost ground in iron ore output

Stronger December output of iron ore in the December quarter enabled Rio Tinto to recoup some of the lost momentum in the division which had led it to trim full year production estimates in October.

MineLife's Gavin Wendt: "The balance of production is shifting toward premium steel products. China requires more ...

Iron ore leaps 3.9pc higher

Iron ore has carried last year's bullish momentum into the start of 2017, with prices rallying to a two-year high.

Molten copper flows from a furnace into a ladle at the Aurubis AG metals plant in Hamburg, Germany.

Copper at five-week high

​Copper hit a five-week high on Friday while aluminium climbed to its highest in nearly 20 months.

Iron ore surged more than 80pc last year as China added stimulus to sustain economic growth, bolstering steel ...

Thirty-two tons a second

Iron ore imports by China surged to a record last year amid unexpectedly strong steel production and lower local mine output.

Escondida, which churned out 1.2 million tonnes of the red metal in 2015, will serve as a precedent for the other 15 ...

BHP wage showdown in Chile

A wage negotiation at the world's top copper mine is showing the downside for producers of recovering prices.

The drive since last year by the world's largest steel producer to reduce surplus capacity has helped Chinese steel ...

Iron ore retakes $US80 mark

Iron ore and steel futures in China advanced for a third session on Wednesday, hitting their strongest in three weeks

"While smog concerns still threaten to lower steel output, a drive to cut outdated steel capacity is also pressuring ...

Dalian iron ore surges 8pc

Dalian iron ore surged to its highest in more than three weeks amid renewed threats to Chinese steel output.

The lower spot market prices are expected to weigh on quarterly contract prices when they are set later in the March quarter.

Coal price slide to hit budget revenue hopes

Optimism that the surge in commodity prices may help lift government revenues and reduce the budget deficit has been pulled up short by a steep fall in spot coking coal prices since the start of the new year.

Now bankrupt former billionaire Nathan Tinkler's sister Donna Dennis (not pictured) is also facing bankruptcy.

Nathan Tinkler's sister facing bankruptcy

The sister of bankrupted former billionaire Nathan Tinkler is facing bankruptcy after being accused of entering into uncommercial transactions and breaching her directors' duties.

'If history is any precedent, record stocks at Chinese ports carry an ominous sign,' Axiom Capital Management analyst ...

Iron ore rally under threat

After surging in 2016 in a rally that caught out many investors, the commodity faces a challenge on renewed supply concerns.