The country’s ultimate objective is to have its own space mining agency by the end of the year.
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Luxembourg shoots for the stars with fresh space mining deal
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Iron ore soars past $70 a tonne
Prices have climbed almost 7% since Monday and almost 32% since the recent low of $53.36 a tonne hit on June 13.
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Rio’s revised iron ore guidance pushes price to three-month high
From the recent low of $53.36 a tonne hit on June 13, iron ore prices have now surged more than 27%.
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North Korea ban lifts coking coal price
Met coal hits 2-month high Friday as Chinese imports of steelmaking coal from totalitarian state drops 75% during first half of the year.
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Luxembourg becomes first European country to pass space mining law
The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.
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Iron ore price hits 10-week high on China renewed appetite
Ore with 62% content in Qingdao added $1.86 overnight to close at $65.91, the highest since May 3 and 20% more than those year lows hit mid-June
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Iron ore price jumps to 10-week high on China pollution crackdown
Beijing’s shuts 120 million tonnes of low-grade steel capacity in six months providing a boost for high-quality ore exporters.
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Private capital says no to mining
Study shows Q2 2017 new private capital for natural resources investment dropped to lowest since 2011 and not a single mining fund were able to raise money.
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Top 50 mining companies reshuffle as Chinese, lithium firms climb rankings
Combined worth of 50 largest mining companies grow to $768 billion during first half of 2017, but a few big names drop down rankings.
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Getting scrappy: China iron ore demand may falter as steel recycling grows
China’s supply of steel scrap is surging as aged buildings, bridges and cars produced over decades of rapid economic growth are knocked down, dismantled or crushed.
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