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The Latest Breaking News from iron ore

China to set up centralised iron ore buyer to counter Australia’s dominance

Beijing hopes bulk purchases will secure lower prices for steel sector that is world’s biggest ore consumer

Financial Times

Onslow says no to iron ore export, fears dust pollution, heavy traffic will ruin pristine WA coastal town

This Pilbara town is pushing back against plans to export iron ore from the local port amid fears heavy traffic and dust pollution will damage the local tourism industry and lifestyle.

ABC News

China Pushes Ahead With Plan to Cut Reliance on Iron Ore Imports

Government aims to accelerate construction of domestic projects to slash imports over next decades

Caixin Global

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ASX dragged down by tech, banks and telecommunications

Australian shares close lower on Tuesday, after the majority of sectors dragged on the ASX 200.

ABC News

Banned traders warn Labor government, all industries against reliance on China

Australia has never before relied so much on China for its trading wealth. However, as the devastated rock lobster industry can attest, the Asian giant can lose its appetite overnight.

ABC News

Explained: Why Tata Steel, JSW, SAIL & other metal stocks crashed today

NEW DELHI: The decision to hike export duty on iron ore and few steel intermediaries has dampened spirits of local manufacturers.

The Times of India

Karnataka mining: SC permits firms to export excavated iron ores

It also permitted mining firms to enter into direct contracts to lift excavated iron ore through inter-state sales

The Hindu

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Mystery as river turns orange and kills wildlife becoming 'ecological disaster'

Slovakian authorities have confirmed they are taking steps to reduce the amount of polluted water stemming from an iron ore mine which is leaking and devastating fish

Daily Mirror

Slovakia scrambles to stem polluted water that turned Slana River orange

Polluted water flowing from an iron ore mine in eastern Slovakia has turned the Slana River orange, killing fish and wildlife on a long stretch before it reaches Hungary in what is fast developing into an ecological disaster.

Reuters

The race to produce green steel

In order to reduce its carbon footprint, the steel industry is testing new tech that don’t rely on fossil fuels

Salon

Rejection of Arctic mine expansion bid offers hope for narwhal population

Conservationists and Inuit community relieved at decision on Canadian iron mine that threatened ‘extirpation’ of cetacean

The Guardian - US

Iron ore profits likely to remain 'significant' despite anticipated price volatility, wider China lockdown

Australia's highly profitable iron ore sector is expected to ride out market volatility as fears of additional COVID-19 lockdowns in China see a 10 per cent price drop to start the week.

ABC News

China’s Iron Ore and Rebar Futures Plummet on Weakening Demand

Government’s decision to reduce crude steel output cuts into iron ore prices, while Covid disruptions weigh on steel

Caixin Global

‘Green industry wants to take our land’: the Arctic paradox

Sweden’s ‘green transformation’ promises to help Europe fight the climate crisis. So why is it uniting radical environmentalists, ecologists and Sami reindeer herders in protest?

The Guardian - UK

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Newslaundry

Court’s latest blow to Goa ore mining reflects failures of state

Goa’s iron ore mining scam may seem like an old story. It is.

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