Page 11 - Simandou News Today

This week’s Bulls N’ Bears profiled ASX runner is … Arrow Minerals. Its shares tripled this week to join fellow movers and shakers Battery Minerals, West Cobar Metals and Sigma Healthcare.

Many experts continue to predict a decline in China's need for iron ore, which may have disastrous consequences for iron ore prices in Australia.

An expected slowdown in China’s uptake and a world that is increasingly moving toward “green” iron ore and steel will be two crucial drivers affecting the future of iron production

Street Talk understands the miner has its broker Euroz Hartleys circulating term sheets to investors with a heavy-hitting new board and management team.

Elias Scafidas will run the company’s push into the resource, spread across five continents, after working on copper joint ventures in Mongolia and Guinea.

The FTSE 100 ended the week up 25.12 points, or 0.33%, closing at 7,554.47 on Friday.

Rio Tinto has unveiled plans to spend $6.2 billion developing the world’s biggest untapped high-grade iron ore deposit in Guinea as it targets first production within two years.The FTSE 100

China’s political fallout with Australia in 2020 prompted an expedited effort by China to seek other sources of iron ore, like the Simandou mine in Guinea.

Australia’s ‘millionaires factory’ has given Rio Tinto’s update on its slated $9.5 billion investment towards the mega Simandou iron ore project the thumbs up.

From US-complied AI chips for Chinese gamers to lithium leeway for EV makers, and Shell list of bidders to Janet Yellens bid to allay fears over rising US joblessness, heres a look into the world of business and economics