China data boosts iron ore futures, traders optimistic
NewsTotal shipments from Australia and Brazil – significant iron ore suppliers – decreased by 12.5% week-on-week to 22.08 million tons for the week ending March 18.
Leading Asian coal and energy company Banpu has made an offer of A$477M (US$443M) to buy the 88% of ASX-listed Hunnu Coal that it doesn’t already own.
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