Tag: Iron Ore
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ASX Rises on Open as Iron Ore Stocks Lead, While Paramout Bid Rumors from Ellison Boost Sentiment
Australia’s Stock Market Opens Higher on Positive Broad-Side Momentum The Australian sharemarket kicked off the week on a firmer note, with the S&P/ASX 200 up in early trading as iron ore miners led gains and Wall Street provided a steady backdrop. Investors returned to risk assets with a cautious optimism, buoyed by steady U.S. market…
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ASX Climbs Higher as Larry Ellison Guarantees Paramount Bid
Australian shares edge higher as markets wake to steady signals The Australian sharemarket opened stronger, with the S&P/ASX 200 climbing about 0.4% in early trade, helped by gains in iron ore miners as investors focused on a steady start to the week on Wall Street. The index lifted around 30 points to hover near the…
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ASX climbs as Ellison guarantees Paramount bid, boosting market optimism
ASX opens higher on a buoyant mood The Australian stock market started the week on a firmer footing, led by gains in iron ore miners and a broad risk-on tone following a steady Wall Street session. The S&P/ASX 200 rose in early trade, signaling cautious optimism among investors as economic data and corporate developments shape…
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China’s Steel Export Surge: A New Global Player in 2025
China’s Steel Export Push Gains Momentum China is shifting from a buyer mindset to a stronger emphasis on steel exports, signaling a broader strategy to diversify markets and reduce exposure in global supply chains. With domestic demand for steel cooling after a long build-out, the country is leveraging its massive production base and well-developed export…
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China’s Steel Export Surge Signals a Global Market Shift
China’s Pivot to Steel Export: A New Era China is positioning itself as a dominant force in the global steel trade, shifting emphasis from reliance on imports to a heftier export agenda. The strategy centers on expanding foreign demand while maintaining robust domestic production. In practical terms, this means mills are gearing up for greater…
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The Largest Iron Ore Deposit in Human History
Introduction to the Historic Discovery Geologists have made a groundbreaking discovery beneath the ancient crust of Australia: the largest iron ore deposit in human history. Located in the Hamersley region of Western Australia, this colossal find is significant enough to prompt scientists to rethink the geological history of our planet. This article explores the implications…