Iron ore
Vulnerability of cargo ships to constant changes in global trade
The iron ore market is operating in a complex landscape, with important factors prevailing, such as weakening Chinese demand growth and changing supply dynamics affecting prices.
UK SFO and Dechert could Pay Millions of pounds to ENRC due to Mistakes and Collusion - Court Decision
The UK's anti-fraud watchdog (SFO), which allegedly colluded with law firm Dechert, could potentially pay millions of pounds to mining corporation Eurasian Natural Resources Corporation (ENRC) following a High Court ruling. This was reported by the Financial Times.
Russian missile hits Cypriot cargo ship (video)
The ship belongs to the shipowner Andreas Hatzigiannis and was hit in the port of Odessa – It was going to load iron ore bound for China
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China's 2018 iron ore imports fall 1 pct, first annual drop since 2010
China's 2018 iron ore imports fell by 1 percent from the previous year, the first annual decline since 2010, according to data from the General Administration of Customs on Jan. 14.
World's biggest miner BHP posts soaring second half profit
Mining giant BHP Billiton reported yesterday a dramatic rebound in half-yearly profits on the back of soaring iron ore prices and improved productivity.
The underlying profit of $3.2 billion and earnings before tax of $9.9 billion for the last six months of 2016 exceeded expectations.
Global miners steel for worse after torrid year
Global miners are battling to stay afloat after enduring one of the toughest years in recent times, with tumbling commodity prices and supply gluts set to force more closures and massive cuts in 2016, analysts say.
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Mud from Brazil dam burst is toxic, UN says
Mud from a dam that burst at an iron ore mine in Brazil earlier this month, killing 12 people and polluting an important river, is toxic, the United Nations' human rights agency said on Nov. 25.
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Dam burst at Vale, BHP mine devastates Brazilian town
A dam holding back waste water from an iron ore mine in Brazil that is owned by Vale and BHP Billiton burst on Nov. 5, devastating a nearby town with mudslides and leaving officials in the remote region scrambling to assess casualties.