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...The most powerful thing a powerful person can do is to give that power away....
...But iron ore traders have reason to remain optimistic....
...Stausholm said the demand outlook was improving for copper and aluminium, while China’s appetite for iron ore, which is the crucial ingredient for steel making, was undimmed....
...The group views Simandou as “the world’s largest untapped high-grade iron ore deposit”, supporting an estimated mine life of 26 years....
...Over a 40-year career, Scott Melbye watched the US uranium industry fall from its position as the world’s leading producer of the radioactive ore that powers nuclear reactors to an also-ran with negligible...
...Rei Kawakubo’s autumn/winter 2024 show for Comme des Garçons took place in a cavernous space in Paris that used to be an old clothes shop....
...Now iron ore prices are plunging, down over tenth since mid February and by nearly a fifth this year....
...But prices of iron ore, of which China is by far the biggest buyer, have jumped at the same time....
...A Brazilian court has ordered iron ore producer Samarco, along with its owners Vale and BHP, to pay R$47.6bn ($9.7bn) in compensation for a dam collapse that triggered one of the country’s worst environmental...
...This article is part of FT Globetrotter’s guide to Tokyo The world’s biggest city is crammed with exciting things to do, see and enjoy — and 2024 in Tokyo looks particularly thrilling....
...The ore Rio Tinto plans to extract from Simandou has an average iron content of greater than 65 per cent, among the highest in the world. Baatar calls it the “caviar of iron ore”....
...Jonathan Price, chief executive of Teck Resources, one of Canada’s largest mining groups, said government and local opposition to mines for copper, lithium and iron ore will grow unless the industry improves...
...Prices of Philippine nickel ore have jumped 23 per cent to $65 per wet metric tonne since August and the premium for Indonesian nickel ore over the local price benchmark has surged from about $5 to $20 per...
...Who else do Trump and Biden have to win over?...
From Peter Ford, London SW20, UK
...Streaming tears Growing headwinds in India are forcing The Walt Disney Co to consider selling off a portion of its streaming business in the market, write Nikkei’s Rei Nakafuji and Ryosuke Hanada....
...Oleksandr Kubrakov, Ukraine’s infrastructure minister, said the iron ore was destined for China....
Out with the formality, in with emotion at this Japanese gem
...If you’re fighting for your national survival, you do what you have to do....
...Terraform Labs, the cryptocurrency group behind the $40bn collapse of terraUSD digital tokens in 2022, and its co-founder Do Kwon have been found liable by New York jury for defrauding investors....
...Dos Santos points out that, in a sense, they both crafted a new role for themselves....
...Why do they keep wider issues to themselves? And what can leaders and managers do to ensure workers can come to them with their concerns? To find out, I spoke to Michael Skapinker....
...Residential property market problems do not yet seem to be hitting domestic steel demand....
...(It may seem like I’m going overboard packing all these legendary New York spots into one day, but I do it all the time, not only because I love what they do, but I like to think I’m doing my part in keeping...
...“I do think if I’ve done my job well, the role should go.”...
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