The Latest Breaking News from iron ore

Smart money is rotating into the mining sector as the artificial intelligence boom creates a massive supply shock for essential physical infrastructure.

A geologist is bludgeoned to death with his own hammer. An opal prospector is murdered, his body found crucified down a mine shaft. An entire family disappears, apparently dragged down into the mined-out spaces below an abandoned gold rush town. These are just some of the crimes in a growing…

Australia's richest state has unveiled a modest mid-year budget windfall due to strong commodity prices and a growing population.

After several years of steadily declining, the Australian dollar staged a meaningful recovery in 2025, culminating in a two-cent rally over the past month.

Residents of Tikarpada, Kadagada and nearby villages in Odisha’s Keonjhar district are protesting ESSAR’s proposed iron ore beneficiation project, saying it endangers their farms, water sources and way of life. 

Iron ore is moving toward 2026 on a positive momentum, although analysts warn about a constrained upside potential. A new study from BMI shows elevated prices, yet a gradually loosening market owing to Simandou development in Guinea and a slower steel cycle in China.

NEV costs set to fall on cheaper lithium, Jiangxi Copper sees bid for U.K.’s SolGold rejected

In October, media reports suggested mining giant BHP had accepted a deal to settle about a third of its spot iron ore sales to Chinese customers in China’s own currency, the renminbi (RMB), rather than US dollars.

Steel giant BlueScope is leading a consortium to potentially acquire the Whyalla Steelworks, an asset it views as having potential beyond its core business.