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.
China Shenhua plans $39.7B coal investment
NewsChina Shenhua Energy, the world’s second largest coal miner, has announced that it plans to invest Yuan 270B ($39.7B) over the next four years to massively expand its coal production capacity and its port and rail capacity.
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