Iron ore


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?

Ore deal leaves Twiggy an over-geared pawn

Twiggy Forrest is going to be running an over-geared speculative miner producing just one commodity, servicing just one market and getting less than market prices.

Fortescue undercuts rivals in cheap China ore deal

Fortescue Metals Group has settled its 2010 iron ore contracts with Chinese steel mills, giving the Chinese the victory they need to attempt to pressure BHP and Rio to settle at larger discounts to the Japanese.

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.