Developed after more than 10 years of research, this method injects finely ground iron ore powder into a very hot furnace, causing an “explosive chemical reaction”, according to the engineers.

Iron ore futures prices on China's Dalian Commodity Exchange have shown an upward trend, indicating a potential recovery in the market. China's economic conditions, including infrastructure ...

(Bloomberg) -- The world’s biggest miners, having cashed in on China’s once-rampant demand for iron ore, are starting to reel from the impact of their main customer’s economic struggles.

The method involves injecting finely ground iron ore powder into an extremely hot furnace, triggering an "explosive chemical reaction", according to the engineers involved in the project.

Goldman Sachs said it expects the spot price of iron ore will average about $US85 a tonne in the final three months of 2025, with a risk it could “temporarily ...

The result is unsurprising, as the iron ore market has been going through a challenging period. Still, CEO Mike Henry acknowledged the firm's strength in this part of the market cycle. Iron ore ...

Japanese trading house Mitsui & Co. will buy a stake in an Australian iron ore project for $5.3 billion, in a bet that the global steel industry will need high-quality raw materials to support its ...