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As China-Australia Ties Worsen, Iron Ore Remains Bulletproof

By Michael Heath | Bloomberg As China-Australia relations descend into a morass of sanctions and mutual recriminations, Beijing is delivering a huge cash windfall to Canberra and Australia’s economy through its insatiable demand for iron ore. China has few alternatives as it seeks to stimulate its economy post Covid-19 through infrastructure investment, with Australia accounting for more […]

Metal Prices 20th May 2019

Mining-Bulletin Metals Prices (CIF China unless stated) SA Chrome Ore Cr203 42-44% Concentrate $180-$185/ mt (in containers) Zim Chrome Ore Cr203 40-42% Lumpy $195 – $200/ mt SA Manganese ore Mn37% Lump (FOB SA) $5.10– $5.20 /dmtu Aus Manganese ore Mn45% Lump (CIF India) $6.90 – $7.00/ dmtu