Articles On Mindax (ASX:MDX)
Title | Source | Codes | Date |
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Top 10 at 10: These ASX seafood, copper and rare earths stocks are getting snapped up in early trade
Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers... |
Stockhead | MDX | 1 year ago |
Bulk Buys: China’s pollution crackdown a familiar tale amid iron ore price run
China is again ordering sintering restrictions to crack down on pollution from its steel mills It comes after limits were placed on Dalian futures trading last week to bring the heat out of prices Junior miner CuFe posts maiden resource fo... |
Stockhead | MDX | 1 year ago |
Bulk Buys: BHP’s number crunchers see blue skies in China’s steely reopening
BHP (ASX:BHP) has reported, leaving only Rio Tinto (ASX:RIO) today to round out our February financial results season for the big three iron ore miners. In Oscars parlance none are expected to be award winners. Lower iron ore prices — and i... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Australia’s newest coal miner says emerging economies will power thermal market for the next two decades
South African coal miner Thungela Resources will become the majority owner of Australia’s Ensham coal mine Its CEO July Ndlovu says thermal coal will see demand for at least two, maybe three decades Iron ore sales lift There may be clouds... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Thermal’s 243-day reign as king of coal ends
Newcastle thermal coal’s reign as the top priced product on the market has ended Premium hard coking coal returns to traditional position at a premium to energy coal as European demand wanes Iron ore prices remain strong, but MySteel says... |
Stockhead | MDX | 1 year ago |
Bulk Buys: China’s return to Australian coal market to be a slow moving beast
Chinese companies are starting to make bids for Australian coal cargoes after an unofficial ban that ran for over two years But Coronado CFO Gerhard Ziems says Australian coking coal exports to China will only touch half of pre-pandemic le... |
Stockhead | MDX | 1 year ago |
Bulk Buys: As the 2023 season begins, who’ll blink first in BHP’s royalty dance off with Annastacia?
BHP did not deliver capital guidance for its BMA coal mines in Queensland last year after new royalty tiers drawing billions for Qld were introduced last July While CEO Mike Henry also cited China’s coal ban as a factor, its capex strike l... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Iron ore miners have one last roll of the dice at this green steel thing before 2022 is up
Efforts to develop zero emissions steel are at an early stage Fortescue Metals Group backs new attempt to use low grade iron ore in green steelmaking Coal exports are forecast to outstrip iron ore for the next two financial years Green st... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Forrest targets ‘value over volume’ as he flags ramp up of African iron ore project
Fortescue Metals Group boss Andrew Forrest says green energy focused FMG will pursue value over volume in flagship iron ore business Actually also looking to increase volumes, with new high grade mine in Pilbara and African exploration pus... |
Stockhead | MDX | 1 year ago |
Bulk Buys: It’s a ‘pivot toward positivity’, but will China’s Covid shift actually light a fire under iron ore?
Iron ore prices posted a recovery on Monday as China relaxed some of its previously steadfast Covid measures Steel mills are still loss-making in China, with a real bounce in demand needed to bring prices back above US$100/t But experts sa... |
Stockhead | MDX | 1 year ago |
Bulk Buys: New Aussie coal mines are getting off the ground, but supply remains fragile
AQC faces roadblocks in its bid to revive Dartbrook coal mine, while New Hope gets approval for New Acland coal extension after 13 years New coal supply is slowly emerging, but the market is expected to remain tight with wet weather expect... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Traders see little optimism in the Chinese steel market, but iron ore miners are looking long term
Iron ore miners are funding a wave of new developments, despite red flags in the Chinese steel market While miners are long term bulls, the short term outlook is clouded by China’s economic issues and Covid Zero policy The gap between low... |
Stockhead | MDX | 1 year ago |
Bulk Buys: BHP lays out its bull case for steel demand in a greening world
BHP says cumulative steel demand in the next 30 years will double that of the last 30, arguing the commodity will be a net beneficiary of decarbonisation and climate change The changing environment alone could drive increase in demand equa... |
Stockhead | MDX | 1 year ago |
Bulk Buys: 21 million leave lockdown in Chengdu, but will iron ore prices leave $100/t purgatory?
Iron ore prices received a bump after Covid lockdowns in Chengdu were relaxed But they quickly retreated, with analysts saying a decision on whether to end China’s Covid Zero policy could be a big turning point for the commodity Like it or... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Goldman Sachs says Chinese steelmakers are on track for a 3% decline in 2022
It’s the canary in the, well, you’ve probably read enough of these by now to know the idiom. For iron ore prices that is steel production in China and downstream demand from things like car production, infrastructure and property developme... |
Stockhead | MDX | 1 year ago |
Bulk Buys: MinRes’ $3 billion mine approval flags China hunger for our iron ore
Mineral Resources and global partners approve $3bn Onslow iron ore mine day before prices drop below US$100/t Chinese steel giant Baowu will both have a stake in the mine and market up to 75% of MinRes’ product Coal prices remain ridiculou... |
Stockhead | MDX | 1 year ago |
Bulk Buys: The Russian coal ban is here, and that could mean even more demand for Australian miners
Coal miners will be watching international markets closely tonight as a ban on Russian coal proposed by the European Commission back in April comes into effect. Ever since Russia’s invasion of Ukraine, the frailty of European energy markets... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Goldman goes bearish, market goes bullish on iron ore
Goldman Sachs analysts say iron ore prices could drop faster than expected on bearish steel sentiment But iron ore prices have strengthened as steel margins have improved and Chinese authorities have moved to support its property market an... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Iron ore ‘a pure demand story’ as supply struggles to grow
Fenix Resources boss Rob Brierley says weakness in iron ore supply means prices will be set by demand Iron ore futures in Singapore hit 2022 low as China’s steel mills drop prices Coal miners begin to look cheap again as thermal prices pic... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Iron ore junior Fenix takes a page out of the majors’ book with haulage deal
Fenix Resources buys out haulage JV to take control of logistics, mimicking the structure of the Pilbara majors Rio Tinto opens 43Mtpa Gudai-Darri mine in the Pilbara as junior Strike prepares first shipment from Paulsens East Queensland c... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Why upside remains for iron ore prices despite the market rout
Iron ore miners suffered a heavy sell-off yesterday as commodity prices fell on fears of Covid lockdowns in China Iron ore and steel market observer Mark Eames says there is more upside than downside thanks to the tight supply-demand balan... |
Stockhead | MDX | 1 year ago |
Gina Rinehart gets into magnetite next door to Juno’s more advanced Mount Ida project
Gina Rinehart recently made moves that demonstrated just how much potential she sees in the lesser appreciated magnetite as the direct shipping ore in WA’s Pilbara fast runs out. In early April, Australia’s richest person and chair of priv... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Australia’s biggest bank reckons iron ore and coking coal prices will stay higher for longer
Australia’s biggest bank has upgraded its long-term iron ore and coking coal forecasts in response to Covid, Chinese commodity demand and Russia But high energy prices could drive investment in decarbonisation, clouding the outlook for the... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Covid Zero policy the bull in China shop for steel market
China’s Covid Zero policy has seen analysts knock down economic forecasts Bad news for sentiment in steel and raw materials, with iron ore futures tumbling in afternoon trade Coal prices remain freaking high A precipitous slide in Asian i... |
Stockhead | MDX | 1 year ago |
Bulk Buys: WoodMac thinks scrap steel will rival iron ore by 2050 in bid to curb steel emissions
WoodMac sees pathway for steel industry to reduce emissions 30% by 2050 Transition will require shift away from blast furnace to scrap-based electric arc furnace steelmaking Despite Chinese strong steel output in April, Commbank sees suppo... |
Stockhead | MDX | 1 year ago |
Bulk Buys: China’s lockdowns are the nagging pain that won’t go away for iron ore miners
Iron ore miners have been looking fragile over the last week, clawing to hopes of a second half revival in the Chinese economy as the impact of its Covid lockdowns worsen. Prices remain relatively high compared to major producer margins, wi... |
Stockhead | MDX | 1 year ago |
Bulk Buys: Stanmore closes $1.7 billion BHP coal buy; founder looks to repeat winning formula at emerging junior
Stanmore has completed its ambitious US$1.2 billion ($1.7b) acquisition of BHP’s Poitrel and South Walker Creek coal mines Its founder Nick Jorss is aiming to repeat his success at new coal producer Bowen Coking Coal Jorss says steelmaking... |
Stockhead | MDX | 2 years ago |
Bulk Buys: China promises steel output cut, shakes iron ore futures
China’s steel output has shown signs of life, building throughout the first quarter of 2022 after collapsing to its slowest rate in four years in October and November 2021. That came despite widespread curbs on mill output due to the Winter... |
Stockhead | MDX | 2 years ago |
Bulk Buys: How long will Australia dine out on its iron ore and coal banquet?
Iron ore and coal to drive $425 billion windfall for resources exports in 2021-22 according to Canberra forecasters India removes tariffs on Aussie coal exports as part of free trade deal Coal prices start to normalise (kinda), with premiu... |
Stockhead | MDX | 2 years ago |
Bulk Buys: These three juniors are queueing up to add to Australia’s high grade iron ore pipeline
Australian companies are lining up to deliver new high grade iron ore mines in a bid to capture tailwinds from the need to reduce emissions across the sector. This week no less than three studies have been released by ASX-listed juniors, ta... |
Stockhead | MDX | 2 years ago |
Bulk Buys: Get your umbrellas – price forecasts suggest coal profits could pour for a while yet
Analysts tipping a major correction in the coal price by the end of 2022 have changed their tune after Russia’s war with Ukraine blew up the market. Prices have confounded belief, with tightness in the seaborne segment of the coal market bo... |
Stockhead | MDX | 2 years ago |
Bulk Buys: Forecasters expected coal prices to stay sane in 2022, then Russia invaded Ukraine
Coal prices have bounded to new record highs on Russia’s invasion of Ukraine, extending the bonanza Australian based coal miners have enjoyed since the middle of last year. The stunning turnaround in metallurgical and thermal coal prices ha... |
Stockhead | MDX | 2 years ago |
Who made the gains? Here are the top 50 resources winners for February
There were 0 producers in January’s Top 50 ASX resources stocks. In February there were 12, plus a handful looking to join their ranks by the end of the year. Why? Maybe reporting season underlined just how much money miners are making from... |
Stockhead | MDX | 2 years ago |
Bulk Buys: China calls for biggest iron ore marketing shake-up since 2010
Back before the last mining boom buying a tonne of iron ore was little more than a trip to the corner store, with the bulk commodity fetching prices in the range of US$30/t. When Chinese steel production and industrial growth began to overt... |
Stockhead | MDX | 2 years ago |
Bulk Buys: How big a deal is all that extra port capacity in the Pilbara?
In one of the big iron ore headline makers of the past month the WA Government has released its new plan for Port Hedland, the world’s largest iron ore export hub. The Pilbara Ports Authority has already pushed its export rate beyond the 49... |
Stockhead | MDX | 2 years ago |
Bulk Buys: S&P thinks China’s drive to reduce emissions could keep a lid on iron ore prices
Iron ore is in familiar territory right now. Talked down by analysts who predict it is due for a dive, the headline Australian commodity has been defiant in 2022 so far. Despite the column inches expended on the rise in crude oil prices so... |
Stockhead | MDX | 2 years ago |
Bulk Buys: FMG says low grade discounts are transitory, cost pressures not so much
The Pilbara iron ore miners are facing business pressures on a number of fronts, including the on again, off again story around the reopening of WA’s Covid border. The WA Government’s decision to delay its planned February 5 reopening inde... |
Stockhead | MDX | 2 years ago |
Closing Bell: ASX microcaps get mauled (but junior explorers stay hot)
When markets get the jitters, smaller companies are often in the firing line and ASX microcaps have copped the brunt of the impact from last week’s global stock selloff. The composite microcap Emerging Companies index slumped by more than 3... |
Stockhead | MDX | 2 years ago |
Bulk Buys: Rio Tinto is upbeat on Chinese demand as it pledges a (modest) reversal of fortunes
The iron ore market does not offer the simple narrative that it did in the first two decades of the 21st century nor that of the suite of “green metals” like lithium, nickel and copper now hitched to electric vehicle sales and efforts to ma... |
Stockhead | MDX | 2 years ago |
Triple or better: Here are 17 ASX stocks that rose 200pc or more intraday in 2021
2021 was overall a more stable year than 2020 for ASX investors, but some companies still experienced hefty gains – some across the whole year but others on just a single trading day. In 2021 there were 17 ASX companies that rose by 200% or... |
Stockhead | MDX | 2 years ago |
These 50 small cap miners and explorers made history in 2021
Where 2020 was all about gold, palladium and iron ore, 2021 has been dominated by the EV thematic. Battery metals prices posted strong year-to-date gains across the board. According to Benchmark Mineral Intelligence, the lithium index was u... |
Stockhead | MDX | 2 years ago |
Bulk Buys: Coal production could reach its highest level in 2022 and demand continues to rise
Coal mining is hardly popular but governments around the world, most of whom have promised to work to reduce the impacts of climate change, can’t get enough of it. It may be getting harder to finance and gain approval for mining coal, the b... |
Stockhead | MDX | 2 years ago |
Bulk Buys: The big banks are falling out of love with iron ore but China’s steel may still be strong in 2022
Iron ore has been unpredictable in 2021 and it would be a brave person to make a hard and fast call on where it will end up in 2022. In fact, with the whims of the Chinese Communist Party and vagaries of its economy one of the major factors... |
Stockhead | MDX | 2 years ago |
Closing Bell: ASX edges lower ahead of all-important US inflation data
For the first time in over a month, the ASX finished a week higher than where it began — even with the bourse declining on an intraday basis. The ASX 200 closed at 7,353 points which was 0.42% lower than yesterday, but up 1.6% from last Fri... |
Stockhead | MDX | 2 years ago |
Bulk Buys: Iron ore imports for November soar in China to bring festive cheer for miners
The topsy turvy data coming out of China’s steel sector continues to roll on after the world’s biggest steelmaker revealed iron ore imports hit a 13-month high in November despite sliding steel production. China’s appetite for iron ore roar... |
Stockhead | MDX | 2 years ago |
Bulk Buys: Gina gets into magnetite with iron ore deal
Hancock Prospecting is making a big move into magnetite iron ore, this week inking an initial $9 million deal to farm into the Mt Bevan iron ore project owned by juniors Legacy Iron Ore (ASX:LCY) and Hawthorn Resources (ASX:HAW). It’s an in... |
Stockhead | MDX | 2 years ago |
Bulk Buys: FMG fields green queries and banks review iron ore prices
Westpac is the latest major financial institution to knock down its iron ore forecasts after prices dived below US$100/t again on a slowdown in steel production in China it describes as the largest since 2008. It revised its price forecasts... |
Stockhead | MDX | 2 years ago |
Bulk Buys: MinRes cops big discount for iron ore, coal’s miracle run brings Bluff mine back from the dead
If there was any doubt about the importance of grade in iron ore, check out the latest numbers from Mineral Resources (ASX:MIN). Chris Ellison’s miner suffered a 48% discount to average Platts 62% iron ore prices in the September Quarter. T... |
Stockhead | MDX | 2 years ago |
Bulk Buys: Profit over prophecy as iron ore miner doubts price Doomsdayers
Set against rumours of its demise, spot iron ore has remained stubbornly defiant, reminding investors again why forecasting is a fool’s errand by bouncing above US$135/t on Monday night. A broad consensus is forming around metals like coppe... |
Stockhead | MDX | 2 years ago |
Bulk Buys: What is normal when it comes to coal?
Is there any end to coal’s incredible price run in 2021? This week has seen thermal coal prices rise to record levels, with low volatility 6000kcal product from Newcastle soaring 5% to US$240/t yesterday. Twelve months ago, when China’s dip... |
Stockhead | MDX | 2 years ago |