BHP Billiton, the world's top mining firm, said China's demand for iron ore will remain robust despite the nation's lower economic growth target. Demand for the steelmaking ingredient from China's man ...More
EJ Insight2015-03-11
Rio Tinto Group, the world’s second-biggest iron ore exporter, said fourth-quarter production rose 12 percent amid a global glut that has sent prices tumbling, Bloomberg News reported. Output in the t ...More
EJ Insight2015-01-20
Cattle could be the next big thing for Australian miners who face slowing demand from China. According to an ANZ Bank report, Chinese demand for iron ore and other resources may be on the decline, but ...More
EJ Insight2014-09-08
China's Wuhan Iron & Steel (Group) Corp. isn't in the bidding for the Canadian iron-ore assets of Rio Tinto PLC, the Wall Street Journal reported Wednesday, citing people familiar with the matter. ...More
EJ Insight2014-01-23
Rewind back to just a few years ago, when state-owned power producers in China were racing to acquire coal assets even at top dollars, with coal seen as "black gold". Fast-forward to the present, and ...More
EJ Insight2014-01-23
With a recovery in freight rates and supportive government policies, China's shipping sector appears to be turning the corner and putting the worst behind. Media reports said last week that the transp ...More
EJ Insight2013-12-02
Hong Kong's benchmark index climbed 92 points or 0.4 percent to close at 23,881 points on the last trading day of November. For the whole month, which covered the Communist Party plenum where wide-ran ...More
EJ Insight2013-11-29
Brazilian mining giant Vale S.A. has sought to step up shipments to China as the country alone consumed half of the company's iron ore output last year, helping offset weak demand elsewhere that dente ...More
EJ Insight2013-11-11