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BHP diverts shipments to avoid attacks in the Red Sea
BHP is diverting some of its shipments from Asia to Europe away from the Red Sea because of increased drone and missile attacks by the Houthi, a Yemen-based rebel group that says it is acting in solidarity with the Palestinians as Israel strikes Gaza. The world's...
German railway strike begins to impact industry with delays and logistical costs
German industry has started to show signs of strain due to a six-day strike against state-run rail services that is not ending any sooner than expected. Deutsche Bahn, Germany's largest rail freight operator and the target of industrial action by the GDL drivers'...
Aluminium: Canadian government adds metal to list of critical and strategic minerals
The Aluminium Association of Canada (AAC), which represents Canada's three world-class aluminium producers - Alcoa, Alouette and Rio Tinto - has wholeheartedly accepted the government's decision to add aluminium to Quebec's list of critical and strategic minerals....
Iron ore: Chinese market recovers after PBOC cuts bank reserve ratio
China's iron ore market received a boost after the country's central bank announced a larger-than-expected cut in bank reserves in an attempt to support the struggling economy and boost consumer confidence. On 24 January, the People's Bank of China (PBOC) said it...