Currently viewing Global edition

Iron ore feels ripples from Ukraine war

An iron ore surplus – with its roots in the Ukraine war – is starting to soften the profits of BHP and Rio Tinto, which generate more than half their earnings from selling the steel-making material, mainly to China.

Iron ore feels ripples from Ukraine war Iron ore feels ripples from Ukraine war Iron ore feels ripples from Ukraine war Iron ore feels ripples from Ukraine war Iron ore feels ripples from Ukraine war
Multiple events connect the big two of miners to Ukraine, even though neither has direct exposure.