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iron ore prices Tag

07 Dec Iron ore price closes in on eight-year high, boosting Australian producers

Posted at 12:39h in Mining
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The iron ore price has continued its meteoric rise of late, surging by 5.8% during Monday trading to US$145 per tonne – its highest recorded level since March 2013. The upward price movement has been driven by two factors; supply side issues out of Brazil following...

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25 Apr Rio Tinto to redeem $1.5b of bonds to cut debt

Posted at 14:19h in Mining
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Mining giant Rio Tinto (LSE:RIO) is looking to buy back US$1.5 billion of bonds taking advantage of increasing iron ore prices to slash its debt.
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