Simandou is largely a Chinese venture, with 75% of the production controlled by Chinese companies including Baosteel, and 25% held by Rio Tinto, the world's largest iron ore miner. While in theory ...

The project will also produce high-grade iron ore, around 65.3% iron content, which is better quality than most of what Rio and its competitors mine in Western Australia, the top iron ore ...

The result is unsurprising, as the iron ore market has been going through a challenging period. Still, CEO Mike Henry acknowledged the firm's strength in this part of the market cycle. Iron ore ...

Global iron ore shipments have fallen 7% y/y, during the first seven weeks of 2025, amid supply disruptions and weak Chinese import demand. Australian cargoes have fared the worst, down 10% y/y ...