Australian-Japanese joint venture BHP Mitsubishi Alliance (BMA) is facing potential strikes at its coking coal mines in Queensland, as members of Australian unions vote in favour of taking protected industrial action.

JISPL's production plunged by 77pc on the year to 30,000t during July to September.

The Australian and Singaporean governments have signed a green trade agreement to support trade, investment and climate change objectives.

Australian resources firm BHP has kept its iron ore production guidance for the 2022-23 fiscal year to 30 June unchanged with sustained output.

The federal government also has a renewable energy target of 82pc by 2030, up from around a third currently.

India's largest iron ore producer state-controlled NMDC rolled over its prices for a second straight month in October.

The firm maintained its 2022-23 financial year production guidance at 58mn-64mn t.

The Argus 62pc lump premium stood at 20￠/dry metric tonne unit (dmtu) on 30 September, the highest since June.