FSUMF News and Press, Fortescue Metals Group Ltd. From 07/01/20

China is the largest consumer of commodities, which is why whatever happens in China is of great consequence for mining companies like BHP Group ( BHP ). While Chinese demand has remained robust up to this point, recent developments call into question whether that will always remain the case. ...

BHP ( BHP +0.4% ) says it completed its first blockchain trade in iron ore with China Baoshan Iron & Steel via Canadian startup MineHub Technologies' blockchain-based platform. More news on: BHP Group, Rio Tinto Group, Fortescue Metals Group Limited, Commodities news, Read...

Iron ore continues to climb, reaching $103.55/ton, and has held above $100 nearly every day since late May as major supplier Brazil continues to struggle with its coronavirus outbreak, raising the risk of mine disruptions. More news on: Vale S.A., Rio Tinto Group, BHP Group, Commodities ne...

Dalian iron ore futures conclude a seventh consecutive weekly gain , as spot prices stayed near 10-month highs supported by strong demand underpinned by China's infrastructure development push to support the economy. More news on: Rio Tinto Group, BHP Group, Fortescue Metals Group Limited...

1. Investment thesis Ferrexpo's main business is the selling and distribution of iron ore pellets. The most important assets are located in Ukraine, a country which was involved in the Crimea Crisis in March 2014. As a result, Ferrexpo was heavily under pressure and lost a huge cash amount...

This extraordinary metal, the soul of every manufacture, and the mainspring perhaps of civilized society. Of iron. - Samuel Smiles 2020 will mean different things to different people, but I think we can all acknowledge the one common theme we've all been afflicted with this year has been u...

Copper miners including Freeport McMoRan ( FCX +3.2% ) and First Quantum Minerals ( OTCPK:FQVLF +0.7% ) likely will outperform the broader market if positive trends continue for the metal in the current "fertile" environment, Jeffries analysts Timothy Ward and Chris LaFemina say. More ...

Chinese iron ore futures surge as much as 7.5% on increasing supply concerns, after major iron ore supplier Brazil shut down a Vale ( VALE +0.8% ) mining complex because 188 workers tested positive for the coronavirus. More news on: Vale S.A., Rio Tinto Group, BHP Group, Commodities n...

Copper prices ( HG1:COM ) climb to the highest since mid-March and are on track for their biggest weekly gain in 15 months as coronavirus lockdowns ease and risk appetite continues to rise. More news on: Global X Copper Miners ETF, iPath Bloomberg Copper Subindex Total Return ETN, United...

Copper prices climb to 11-week highs as more signs emerged that the economy in China is extending its recovery from the coronavirus outbreak. More news on: Freeport-McMoRan Inc., BHP Group, Rio Tinto Group, Commodities news, News on ETFs, Read more ...