Iron ore ripe for a fall in mature season

The iron ore rally has appeared to reach saturation point as spot price fell back to the USD60/mt mark on Monday from a previous trading day spot price of USD60.20/mt.

China Coal Miner Gets Government Bailout Before Bonds Mature

A Chinese state-owned coal miner said it will get a 3.8 billion yuan ($595.6 million) bailout from the local government before two bonds mature next month.