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IRON ORE MINERS
World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond ChinaGlobal mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure project...
Australia's richest person Rinehart takes $1 billion stake in SpaceX IPO, WSJ reportsAustralian mining baron Gina Rinehart has invested more than one billion dollars in Elon Musk's SpaceX. This significant investment comes a...
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
Global Markets: Australia shares log worst week in nearly a month with US-Iran talks stuck in limboAustralian shares experienced their worst week in nearly a month, with the S&P/ASX 200 index closing down 0.7% on Friday. Escalating U.S.-I...
Supreme Court upholds higher mining royalty after law changeThe Supreme Court ruled that state governments can charge higher royalties from mining companies if laws change after a tender agreement. I...
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
Can Brazil become a major rare earths supplier?Brazil sits atop a potential bonanza of rare earths that has sparked global interest, led by Washington, as demand surges for the increasin...
Australian shares flat as housing-tax changes, global risks cap volatile weekAustralia's federal budget on Tuesday proposed curbing negative gearing to encourage investment in new housing, raising concerns about slow...
Indigenous Australians win record $150 million payout after billionaire mined without consentA landmark Australian court ruling has ordered Fortescue, an iron ore company, to pay A$150.1 million to the Yindjibarndi people. This is f...
India lacks adequate scrap supply, only 25% steel demand can be met through scrap-based production: Former Steel SecyIndia's steel sector grapples with limited scrap for green production. Only 25 percent of steel demand is met by scrap-based manufacturing....
Global Markets | Australian shares fall for third day as banks weigh ahead of federal budgetAustralia's stock market saw a decline for the third consecutive day. Banks led the losses as investors anticipated a federal budget focuse...
Global Markets | Australian shares slide as banks, CSL drag; US‑Iran tensions hit risk appetiteBiotech darling CSL tumbled 16% after it slashed its full-year 2026 outlook and flagged a $5 billion impairment. The stock dragged the hea...
India's mining sector can create 25 million jobs by 2047: ReportIndia's mining sector is poised for significant growth. A new report suggests "Mining 5.0" can boost the economy by USD 500 billion and cre...
NMDC hikes iron ore prices by Rs 200 tonneState-owned NMDC has raised iron ore lump and fines prices by Rs 200 per tonne, effective immediately. Baila lump ore is now priced at Rs 5...
Global Markets | Australian stocks recover as banks, miners advance on improved risk sentimentAustralian shares rebounded strongly, driven by gains in banks and miners, as positive developments in U.S.-Iran relations boosted investor...
Global Markets | Australian shares snap eight-session losing streak; miners lead broad gainsAustralian shares rose for the first time this week on Friday, with miners leading a broad-based rebound, as an overnight pullback in oil p...
Global Markets | Australia shares hit four-week low; Woolworths dives as rising costs earningsAustralian shares ended at a four-week low on Thursday, extending losses to an eighth straight session as surging oil prices stoked inflati...
Global Markets | Australian shares fall as U.S.–Iran impasse, inflation jitters curb risk appetiteAustralian shares closed at their lowest in nearly four weeks on Tuesday as stalled U.S.-Iran peace talks and caution ahead of domestic inf...
Tata Steel shares jump 2% to fresh record high: What's driving the gains?Tata Steel shares surged to a new record high on Tuesday. This rise followed the Odisha High Court's decision to quash state government dem...
Govt amends pricing norms for low-grade iron ore to check wastage, boost steel supplyThe government has revised pricing norms for low-grade iron ore, including Banded Haematite Quartzite and Jasper, to encourage its utilizat...