Sun said that the development of panzhigang has ushered in new historical opportunities. The Ninth Party Congress and the fourth Professional Congress of Panzhihua Steel proposed to build an industrial system of "1 + 1 + 4 + 4", put resource protection at the ...

China’s plans for more high-speed rail corridors to connect its major cities is the latest spur to the country’s demand for iron ore as pressure has eased on profit margins for Chinese steel mills.

Australian iron ore exploration spending rose to A$395.5mn in 2020 from A$349.6mn in 2019 and A$300.9mn in 2018.

According to the data released on Sunday by the General Administration of Customs, China’s imports of iron ore reached 181.5 million tons in the fist two months of 2021, up 2.8% from 176.6 million tons a year earlier.

Fortescue shipped 3.42mn dwt, up from 3.01mn dwt the week before but 3pc below its average of 3.54mn dwt.

Anglo American 2020 Profit Hurt by Coronavirus-Related Disruptions

The Sheregeshskaya underground iron mine of Russia's Yevraz Group will deploy Ericsson and MTS's LTE/5G private network

"China has been the largest market for Vale since 2006 and has become more and more important to Vale in recent years," Xie said.