Tag «Iron ore prices»

Iron ore prices hit eight-month high – Umesh Shanmugam

Iron ore prices hit an eight-month high on Thursday, prompting one of the world’s biggest miners of the commodity to announce it would resume the multibillion dollar expansion it put on hold in September when prices crashed. Fortescue Metals Group, the Australian miner founded by billionaire Andrew Forrest, said the company would resume work to …