Iron ore’s sharp gains catch Beijing’s eye as traders summoned
Mining News Pro - China’s top economic planning body has summoned a group of iron ore traders and asked them to provide details of recent business, a sign that authorities want to head off fresh commodity inflation as the economy rebounds.
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Visit: 247
BHP’s iron ore profits show why Beijing wants to talk the price down
Mining News Pro - Tucked away on page 38 of BHP Group’s 39-page presentation of its latest results is as good an explanation as any as to why China desperately wants to talk down the price of iron ore.
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Visit: 678
Iron ore price retreats on Beijing warning
Mining News Pro - The iron ore price retreated on Wednesday, snapping a five-session rally, after Chinese authorities pledged to strengthen supervision of the market and crack down on any irregularities.
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Visit: 514
Iron ore price down as Beijing moves to cool coal prices
Mining News Pro - Iron ore prices continued to fall on Thursday as Beijing beefed up measures to cool surging coal prices.
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Visit: 367
Beijing may be more addicted to coal than oil
Mining News Pro - There’s one surprise entrant in the group of oil companies announcing plans this year for how they’ll reduce emissions: PetroChina Co.
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Visit: 599
Gold price dips as Beijing claims virus cases contained
Mining News Pro - Gold prices dipped on Thursday as declining jobless claims in the US, coupled with reports coming out of China that the latest coronavirus outbreak is under control, weighed against the safe-haven metal.
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Visit: 749
Cobalt price rebounds on Beijing stockpiling talk
Mining News Pro - Long-suffering cobalt bulls received some good news on Wednesday with new data showing prices for the battery raw material rebounding at the start of 2020.
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Visit: 726