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06 Oct
11:07

Seaborne iron ore rests, Rio opens new mine

Seaborne iron ore prices finished a quiet week quietly on Friday as its week-long, China-led hiatus in activity was drawing to a close. Rio Tinto appears to rest little however and announced that it has opened a new mine with Hancock Prospecting at Hope Downs in the Pilbara region of Western Australia The Kallanish KORE 62% Fe index slipped back by $0.08/tonne to $69.00/dry metric ton cfr Qingdao, up by $0.86/t from a week earlier. The Dalian Comm…
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