Iron ore refers to a type of rock that contains a high amount of iron. It is used to make iron and steel, which are important materials for building structures and making various objects like cars and appliances. Full definition
BHP maintained guidance for production of 275 million to 280 million tonnes of iron ore in the fiscal year to June 30. (cnbc.com)
New contract prices for coal, which came into effect in April, were lower, but there was a small increase in iron ore prices. (rba.gov.au)
Western Australia's largest indigenous corporation has announced it is cutting jobs and assessing its member benefits structure as a result of weak iron ore prices. (businessnews.com.au)