The prospects for iron ore prices are improving thanks to a lower than expected global surplus this year, analysts and ...

Wabtec Corp. and Rio Tinto SimFer on Monday (May 26) unveiled the first locomotive in an order for TransGuinéen Railway, part ...

Not all commodities have been falling steeply under the weight of rising tariffs with iron ore riding out the storm. The major profit generator for five of the world’s biggest mining companies ...

Iron ore's run beyond US$100/t has sent the share prices of Rio Tinto (ASX:RIO), BHP (ASX:BHP) and Fortescue (ASX:FMG) ...

The first Evolution Series ES43ACi locomotive for TransGuinéen Railway was unveiled May 26 by Wabtec Corporation and Rio ...

The price of iron ore has dropped to its lowest in nearly two years, a drain on profits for some of the world’s biggest miners as they raise bets on commodities like copper that they expect will ...

The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty on all iron ore products ...

Iron oxide ore is fed into coal-fired blast furnaces, which remove the oxygen and produce iron that can be strengthened into steel. For each ton of steel, the process creates about two tons of CO2.

Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s faltering economy by cost support that kicks in at around $100 a ton. But that ...