NEW DELHI - The increase in export taxes on iron ore, announced by the Indian government over the weekend, will lead to large surpluses at home, and mainly hit producers of low grade ores that depend on overseas markets, a mining industry body said on Monday.

The Argus 62pc index stood at $129.10/dmt on 17 May, down by 40pc on the year.

Trek Metals has inked an agreement with lithium miner Pilbara Minerals to acquire a base metals tenement in the Pilbara.

Sinosteel Cam S.A. estimates that at least 600 direct jobs and more than 1,000 indirect jobs will be created through the project.

ArcelorMittal released its operation report for the first quarter of 2022.

Iron-ore futures slide as investors monitor demand in China

China will come up related legislation to improve supervision over derivative trading, said Zang Tiewei, spokesperson of the National People's Congress Standing Committee's Legislative Affairs Commission.

Anglo positioning itself as favoured iron-ore supplier to green steelmakers