Business

China is considering reinstating coal output restrictions to avoid the return of a glut after easing limits during winter.

China coal curbs could return

China is considering reinstating coal output restrictions to avoid the return of a glut after easing limits during winter.

Clive Palmer: "Malcolm Turnbull will have his day in court to tell the Australian people what really happened."

Palmer says he's taking PM to court

Clive Palmer says he has formally launched legal proceedings against Prime Minister Malcolm Turnbull, through which people will find out "what really happened" in the collapse of Queensland Nickel.

Helping to nudge the iron ore price higher was a new round of speculation China will close more of its heavily polluting ...

Day traders? Taxi drivers? Iron ore making little sense

Day traders in China? Taxi drivers in Dalian? Take your pick, but either way the sustained surge in the iron ore price has caught the smart money by surprise while giving a second wind to a group of second tier iron ore miners which have been struggling with busted balance sheets and bloated costs to stay afloat.

Rio Tinto hard hats

Global turmoil, China concerns have Rio worried

In a thinly reference to the new US president, Anglo-Australian miner Rio Tinto has warned of rising geo-political risk while also stating it expects China to continue to provide economic stimulus for much of the year ahead.

Iron ore on the Dalian Commodity Exchange jumped 4.3 per cent to 641 yuan. The market rose 1.4 per cent on Tuesday.

Iron ore edges ever higher

​ Iron ore rose for a second session with expectations of strong demand in the world's top steel consumer buoying the market.