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Iron ore prices remain surprisingly stable amidst the COVID-19 pandemic as the Chinese market reopens. No market has been left untouched by the coronavirus crisis. The bulk commodities market also has seen prices plunging and demand declining, but iron ore prices have bucked this trend and have remained steady. Australian iron ore companies such as BHP...

China’s return to work may give the commodity, and Australian miners such as BHP, another year of grace. By Clara Ferreira Marques Last year was supposed to be an aberration for iron ore, an unexpected period of sky-high prices after a fatal dam collapse in Brazil and a tropical cyclone in Australia. Instead, it continues to defy gravity. Sheltered from...

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MELBOURNE (Reuters) – Miner BHP Group said on Tuesday it plans to expand its iron ore export capacity from Port Hedland, the largest global shipping hub for the steel-making commodity, by up to 40 million tonnes a year to 330 million tonnes a year.   The move comes as improvements across BHP’s supply chain have...

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