BHP Billiton ceo Andrew Mackenzie reaffirmed the company’s stance on iron ore production, saying low prices should not come as a surprise in the commodities industry.

Miners with operations in Australia welcomed the repeal of its carbon tax, underlining how companies in the country had been put at a disadvantage to competitors as a result of it previously.

Seaborne iron ore prices strengthened on Tuesday March 24 after a massive drop of nearly $7 per tonne the previous day, with market participants awaiting clarity on the impact of the 21-day lockdown in South Africa on iron ore operations in the country.

Brazilian miner Vale’s upgrade of Mozambique’s Sena rail line, which transports coking coal from its Moatize project in Tete province to the port of Beira, has been delayed until the end of 2012.

China's imported iron ore prices rose by $5 this week, supported by a bullish outlook.

Brazilian miner Vale’s upgrade of Mozambique’s Sena rail line, which transports coking coal from its Moatize project in Tete province to the port of Beira, has been delayed until the end of 2012.

The displacement cycle in the iron ore market is likely to continue over “at least” the next two years, according to Macquarie.

The latest news and price moves to start the Asian day on Thursday April 19.

Australia’s Atlas Iron shipped a record of 10.9 million tonnes of iron ore in fiscal 2014, beating the miner’s target of 10.7 million tonnes for the period.

The latest news and price moves to start the Asian day on Thursday January 11.