Copper prices have dropped to their lowest point since March 2021, while iron ore also faltered to a six-month low. But why?

Hawsons Iron has signed a two-year option agreement to purchase three blocks of land at Myponie Point in South Australia, further solidifying the export pathway for its namesake iron ore project.
Rio Tinto and its partners now have under two weeks to finalise a joint venture regarding the Simandou iron ore mine in Guinea or risk losing their mining licences.
The Hawsons Iron board has endorsed the larger of the two development options for its namesake iron ore project in New South Wales, citing superior economics and investor appeal.
As expected, iron ore prices have been restless across the first five months of 2022, which has been reflective of China’s wavering COVID-19 situation.
As Hawsons Iron continues to advance the bankable feasibility study (BFS) for its namesake project, the company has appointed Australian Mine Design and Development (AMDAD) as its mine consultant.
The stars are aligning for Hawsons Iron as the company readies its bankable feasibility study (BFS) for release in December 2022.
Rio Tinto has reaffirmed its commitment to decarbonisation and announced a higher percentage of growth capital for the future.
Mineral Resources (MRL) is seeking to raise $US1.25 billion ($1.75 billion) in a senior unsecured notes offer to fund “general corporate purposes”.