The mystery behind rising iron ore prices

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Prices for iron ore cargoes with a 63.5% iron ore content for delivery in Tianjin advanced to $130 per tonne, the highest in over seven months, amid expectations of robust demand and risks to supply. Beijing stated it would accelerate the issuance of bonds after accommodating for an additional CNY 1 trillion in debt to target steel-heavy ...

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Coal mining processing plant in Nigeria. This coal mining project is an open pit mine located in Nigeria, announced by mining company - Western Goldfields - that it has discovered 62,400,000 tonnes of proven reserves of coal deposits worth US$1.2 billion which could be used for the generation of electric power...

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