Australia warns of $2b budget hole due to iron ore slump
Australia's Treasury has cautioned about a potential three billion Australian dollar ($2 billion) budget shortfall…
Browsing Tag
iron ore
China’s iron ore demand stabilises, focus shifts to decarbonisation
China's demand for imported iron ore may have reached its peak, but the types of imports are expected to change as…
Australia expects lower revenue upgrade in budget
Australia's Treasurer announced that the country's federal budget for the year ending June 30 will show a smaller…
Iron ore prices continue to fall on China demand fears
Iron ore prices continued to decline due to concerns about China's economic outlook, with futures approaching $100…
Mozambique’s Maputo port in $2bln capacity expansion plan
Mozambique's Maputo port, which has grown to be a major hub for the world's exported chrome will see a $2 billion…
Egypt’s Saudi iron ore imports jump, protectionism may raise
Egypt imported around 300,000 tonnes of Saudi iron ore in the past two months, said head of the Egyptian Chamber of…
Nikkei closes below 10.100 on China Concerns
Tokyo stocks fell for the first time in six trading days on Wednesday, with the Nikkei Stock Average sliding 55.50…
Aussie dollar downs on BHP comments
The Australian dollar has fallen on concerns that Chinese demand for iron ore may weaken. On Tuesday, the…
BHP mulls production cuts as prices fluctuate
Global mining giant BHP Billiton warned that it could scale back production at unprofitable operations as commodity…
