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dailyreckoning.comAfrica Metallic Resources has received clearance from the U.S. Office of Foreign Assets Control to acquire the Putu Iron Ore concession from Severstal. The approval removes a key regulatory barrier in the transaction.
BloombergIron ore prices advanced toward a one-month high following the resolution of a dispute between BHP Group and China Mineral Resources Group. The dispute had previously supported prices by risking some supply. @business reported the developments amid ongoing market fluctuations.
raskmedia.com.auAustralian mining company Fortescue has maintained its fiscal year 2026 guidance. Total shipments are projected at 195-205 million tonnes, while Iron Bridge shipments are set at 9-10 million tonnes. Hematite C1 unit costs and capital spending for FY26 remain unchanged.
Substrate placeholder — needs reviewRio Tinto Group's iron ore production from Australia rose in the first quarter of 2026, despite seasonal weather disruptions that closed ports in March. The first quarter covers January through March 2026. This development was reported amid ongoing mining operations in the region…