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13 May
17:29

Iron ore steadies, EPA recommends Rio expansion approval

The seaborne iron ore market quietened on Monday as prices ticked downwards, but marginally so. On the exchanges, iron ore futures fell in Singapore but rose in Dalian, indicating a general lack of sentiment on direction. Rio Tinto meanwhile had its Robe River expansion in the Pilbara approved by the Western Australian Environmental Protection Agency (EPA). The Kallanish KORE 62% Fe index slipped back by $0.22/tonne to $94.73/dry metric ton cfr Qi…
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