Iron ore rallied to its highest since June 2022, showing Beijing’s efforts to stem the property market’s decline in recent months may be paying dividends.
Futures in Singapore rose above $US140 a ton amid thin trading on Tuesday. Optimism is building that China’s economic recovery and its steel-intensive property sector are finally gaining momentum, after a subdued post-pandemic reopening in the past year disappointed investors.
EMR’s low-carbon aluminium project secures £3.4M funding from APC
China’s tax policy reforms propel mining gains; USD strength could pose risks
