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World’s top iron ore miners face weakest results since 2019

The Star LogoThe Star5d ago

World’s top iron ore miners face weakest results since 2019 - The Star

Quick Summary:

SYDNEY: The top global iron ore miners are headed for their weakest earnings in five years as a struggling Chinese property sector weighs on demand for the steel raw material, while new supply coming on line this year dampens the price outlook.

Mining stocks were hammered 19% last year against a 7.5% gain in the broader ASX200 benchmark.

Estimates by Visible Alpha at US$11bil indicate it could be Rio Tinto’s worst annual profit in five years.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 00:00:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 402 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 26235985

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 5 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 7 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "World’s top iron ore miners face weakest results since 2019" has 402 words across 18 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "World’s top iron ore miners face weakest results since 2019" was covered 5 days ago by The Star, a news publisher based in Malaysia.

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The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 5 news stories per day.

It's most recent story was published 7 hours ago.

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  • News ID: #26235985
  • URL: https://beamstart.com/news/worlds-top-iron-ore-miners-17398354146373

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