In April 2020, BHP agreed to a 100 million yuan ($14.6 million) sale with Chinese steel giant Baosteel and pledged to continue sales in yuan.

Australia’s minerals exports are set to reach unseen heights for a second year, as a global crunch lifts the value of the nation’s coal and natural gas.

“We don’t expect this to drag on much longer than a couple of months,” he anticipated.

Dalian coking coal slumped 6.1% and coke dropped 3.8%.

Benchmark 62% Fe fines imported into Northern China fell 4.41%, to $109.89 per tonne.

Guinea's mines minister has ordered all work related to the Simandou iron-ore mine project halted after the two companies involved missed an extended deadline to agree on a joint venture, a letter seen by Reuters showed on Monday.

Tulla Resources’ subsidiaries Central Norseman Gold Corporation (CNGC) and Pangolin Resources have entered into an offtake and funding agreement with Australia-based Constance Iron, for its Norseman iron-ore project, in Australia.

Iron-ore advanced from its lowest close in more than six months after President Xi Jinping pledged to achieve economic goals for the year, despite pandemic and property headwinds.