Falling Indian exports will support global prices and maintain demand from China.
Iron ore
Bartholomeusz: making sense of a Murchison success
When former AGL chief executive Greg Martin accepted the role of Murchison Metals chief executive mid-year, he made no bones about what his role was.
Stutchbury: Why nobody picked the rate rise
Before heaping blame on the RBA’s rate rise people need to remember that Australia’s economic circumstances are rapidly changing. Asian demand for our iron ore will drive a massive mining boom and the RBA is determined to keep inflation under control, writes Michael Stutchbury.
Why China is really pumping billions into Australia’s mining industry
China is investing in Australia’s start-up mining companies in an effort to undermine BHP and Rio Tinto. Many Australians have become overnight billionaires, but where will this ride on the great dragon lead us?
We’ll all pay for BHP’s, Vale’s big iron ore price wins
Prices for steel products could rise 20%-30% worldwide thanks to new contract deals stuck by BHP and Vale in Asia and Europe.
The Stern Hu effect: the answer to the joke is blowing in the wind
The Chinese were, of course, joking about the financial impact of the actions of former Rio Tinto executive Stern Hu and his three fellow workers, since last year iron ore imports in China were up 41%.
Colebatch: Don’t let the mining boom blow up in our face
Asia’s growth is ensuring the continuation of the Australian mineral boom, but we need to train more workers — since immigration is not popular — and also protect our other industries, argues Tim Colebatch.
Steel the backbone of the economic outlook
Iron ore coking coal and especially steel production figures worldwide are now major indicators for Australia and the national economy’s outlook, especially from China.
China rebound in the bag
The Chinese economy is now doing better than at any time during the past year. Will investors look at how well placed Australia is to benefit from their growth?
Why did BHP and Rio Tinto scrap the WA iron ore joint venture?
Why did BHP Billiton and Rio Tinto scrap their plans to jointly market iron ore from the joint venture between their huge iron ore mines in the Pilbara region? Did negotiations with Chinese mills affect it?
Muddled maths cost Rio
The now disputed accusations that Rio Tinto cost China’s iron ore industry $102 million has wiped $3.3 billion from the company’s value.
China’s ore tactics eroded from within
China’s attempts to try and crack the iron ore producers is being undermined by soaring world prices, says Glenn Dyer.
Morning Market Report: Another sunny day for the market
The market is having another good day — up 41, while the Dow Jones closed up 27.
China’s iron ore import boom rolls on
The context for the deepening brawl between China, Rio Tinto and Australia, has been illustrated with news that China’s iron ore import boom shows no signs of easing.
Shouldn’t Rudd be using his Mandarin to address the Rio Tinto arrests?
Instead of donning his really serious look for the G8 meeting tonight, Kevin Rudd would be better placed turning his attention to Rio Tinto and the Chinese steel mills.
Iron ore “price cut” all about Chinalco
We are about to find out how clever and strategic the Chinese Government and companies in the steel industry are, writes Glenn Dyer.
Chinese ore glut bad news for Canberra
There are signs of growing Chinese Government unease at an oversupply situation developing in the politically and economically sensitive steel sector.
The Chinese want less steel from us
Is the mining boom over?
Iron ore ship delays produce a heady mix for Red Kev
Soaring coal and iron ore revenues are the single biggest contributor to Kevin Rudd’s bursting budget surplus, but just how far should Rio Tinto and BHP go? Stephen Mayne writes.
National accounts reveal more worrying trends
No change on interest rates today and possibly no change for much of next year, despite another strong set of growth numbers from the September quarter’s national accounts, writes Glenn Dyer.
Why Rio Tinto should demerge its Australian iron ore business
Rio Tinto’s excessive $US44 billion purchase of Canadian company Alcan has pushed debt so high that potential asset sales are being identified to help pay back the banks. A de-merger of the Australian iron-ore business would be the best way to go, writes Stephen Mayne.
