When comparing global mineral commodity prices in the first half of 2023 (H1 2023) versus H1 2019, the overall prices of many prominent mineral commodities increased significantly. Most significantly during that timeframe, the price of lithium carbonate increased by more than *** percent. The prices for cobalt and palladium, however, only increased by ***** percent over that timeframe.

Iron Ore rose to 96.24 USD/T on July 3, 2025, up 1.17% from the previous day. Over the past month, Iron Ore's price has risen 0.99%, but it is still 14.88% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Iron Ore - values, historical data, forecasts and news - updated on July of 2025.

According to 67 decision makers in the global mining and metals industry who participated in the survey, a 39 percent share of the respondents stated that copper prices are more likely to recover the quickest post-COVID-19.

Other mineral commodity prices, such as nickel, coal, and aluminum, are not expected to recover as easily as copper and gold following the pandemic. For instance, the global demand for coal fell significantly during the pandemic, which led to prices falling sharply.

Graph and download economic data for Producer Price Index by Commodity: Nonmetallic Mineral Products: Ground or Treated Minerals and Earths (WPU13990209) from Jun 1985 to May 2025 about nonmetallic, minerals, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Mining Services: Metal Mining Services (WPU60110101) from Jul 1991 to May 2023 about mining, metals, services, commodities, PPI, inflation, price index, indexes, price, and USA.

Mineral Resources stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Metal Industry Indicators (MII) is a monthly newsletter that analyzes and forecasts the economic health of five metal-processing industries: primary metals, steel, copper, primary and secondary aluminum, and aluminum mill products. The MII presents composite leading and coincident indexes of a set of indicators that historically have proven to lead or coincide with the major business cycle changes in these industries. The indexes were developed in cooperation with the Center for International Business Cycle Research at Columbia University. Each month, these indexes are analyzed along with any economy-wide occurrences that would affect the metals industries. Stone, Clay, Glass, and Concrete Products Industry Indicators (IMII) is a monthly newsletter that analyzes and forecasts the economic health of four industrial-mineral-processing industries: stone, clay, glass, and concrete products. The IMII presents composite leading and coincident indexes of a set of indicators that historically have proven to lead or coincide with the major business cycle changes in these industries. The indexes were developed cooperation with the Center for International Business Cycle Research at Columbia University. Each month, these indexes are analyzed along with any economy-wide occurrences that would affect the industrial minerals industries.

Graph and download economic data for Producer Price Index by Commodity: Nonmetallic Mineral Products: All Other Nonmetallic Mineral Products (WPU139903) from Dec 1985 to May 2025 about nonmetallic, minerals, miscellaneous, commodities, PPI, inflation, price index, indexes, price, and USA.

During the COVID-19 global pandemic, the prices of different mineral commodities decreased significantly worldwide. Between January and April 2020, the price of zinc dropped by 18.9 percent. During the same time period, the price of gold increased by some 12.8 percent.

Graph and download economic data for Producer Price Index by Commodity: Nonmetallic Mineral Products: Gypsum Products (WPU137) from Jan 1947 to May 2025 about gypsum, nonmetallic, minerals, commodities, PPI, inflation, price index, indexes, price, and USA.

In 2024, iron ore was worth an average of approximately *** U.S. dollars per dry metric ton unit (dmtu), compared to only ** U.S. dollars per dmtu in 2000. The month with the highest average iron ore price in 2021 was June, at over *** U.S. dollars per dmtu. Iron ore: market context and price fluctuation Iron ore is composed of minerals and rocks from which metallic iron can be extracted. Iron ore is an important part of the world economy, as a large proportion of iron ore is used to make steel, which is a widely used material globally. In a given year, the monthly price of iron ore varies noticeably, ranging for example from a high of ****** U.S. dollars per dmtu in June 2021 down to a low of ***** U.S. dollars per dmtu in November 2021. Major iron ore producing nations Australia has the world's largest iron ore reserves, at ** billion metric tons of crude iron ore and is also the world's largest producer of iron ore. Not surprisingly, China, the world's leading steel manufacturer, is also the world's leading importer of iron. In recent years, China's iron imports have increased significantly, from ****** million metric tons in 2004, to over *** billion metric tons in 2018.

In May 2024, iron ore was valued at approximately *** U.S. dollars per dry metric ton unit (dmtu), as compared to *** U.S. dollars per dmtu in the same month of the previous year. Iron ore prices and production Iron ore refers to the minerals and rocks from which metallic iron is economically viable to extract. Pig iron, which is one of the raw materials used in steel production, is derived from iron ore. The price of iron ore has fluctuated a great deal over the last twenty years. In 2003, one dmtu of iron ore cost ** U.S. dollars, and increased to a high of *** U.S. dollars per dmtu in 2011. The price saw dramatic drops in the past decade, from ****** U.S. dollars per dry metric ton unit in March 2013 to ***** U.S. dollars per dmtu in December 2015. Since then, the price has increased gradually to ****** U.S. dollars per dmtu as of July 2021, before dropping sharply in August 2021. Iron ore producers Overall, the global production of iron ore did not decrease when the prices dropped. In fact, an increase in production among several of the world's largest iron ore producing countries was observed in the past five years. Australia produced *** million metric tons of iron ore in 2023. China is also among the world's largest iron ore producers, though its production is calculated differently than in other countries. Based primarily on the production of raw ore rather than usable ore, China produced an estimated *** million metric tons in 2023.

United States - Producer Price Index by Commodity: Mining Services: Nonmetallic Minerals Mining Services was 140.56300 Index Jun 1985=100 in September of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Mining Services: Nonmetallic Minerals Mining Services reached a record high of 145.60000 in January of 2011 and a record low of 94.80000 in August of 1994. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Mining Services: Nonmetallic Minerals Mining Services - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Global price of Iron Ore (PIORECRUSDM) from Jan 1990 to May 2025 about ore, iron, World, and price.

Indonesia Referred Price: Mineral: Nickel data was reported at 15,415.000 USD/DMTU in May 2025. This records a decrease from the previous number of 15,539.690 USD/DMTU for Apr 2025. Indonesia Referred Price: Mineral: Nickel data is updated monthly, averaging 16,163.115 USD/DMTU from Oct 2017 (Median) to May 2025, with 92 observations. The data reached an all-time high of 35,995.300 USD/DMTU in Apr 2022 and a record low of 10,890.680 USD/DMTU in Jan 2019. Indonesia Referred Price: Mineral: Nickel data remains active status in CEIC and is reported by Directorate General of Mineral and Coal. The data is categorized under Indonesia Premium Database’s Mining and Manufacturing Sector – Table ID.BAG004: Referred Coal and Minerals Price.

United States - Producer Price Index by Commodity: Nonmetallic Mineral Products: Other Minerals and Earths, Treated was 89.09400 Index Dec 2014=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Nonmetallic Mineral Products: Other Minerals and Earths, Treated reached a record high of 100.20000 in January of 2015 and a record low of 82.23100 in February of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Nonmetallic Mineral Products: Other Minerals and Earths, Treated - last updated from the United States Federal Reserve on June of 2025.

Iron ore prices in , May, 2025 For that commodity indicator, we provide data from January 1960 to May 2025. The average value during that period was 48.62 dry metric ton unit with a minimum of 8.77 dry metric ton unit in January 1968 and a maximum of 214.43 dry metric ton unit in June 2021. | TheGlobalEconomy.com

United States - Producer Price Index by Commodity: Nonmetallic Mineral Products: Ground or Treated Minerals and Earths was 315.43000 Index Jun 1985=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Nonmetallic Mineral Products: Ground or Treated Minerals and Earths reached a record high of 315.43000 in April of 2025 and a record low of 100.00000 in July of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Nonmetallic Mineral Products: Ground or Treated Minerals and Earths - last updated from the United States Federal Reserve on June of 2025.

Exploration activity has remained volatile over the past few years because of fluctuating commodity prices and inflationary pressures. Supply chain disruptions driven by the pandemic elevated commodity prices, spurring drilling activity to its peak of over 12.5 million metres drilled in 2021-22. However, as commodity prices softened and inflationary pressures mounted, the appetite for exploration activity has dampened, causing drilling activity to retreat from its peak and slump over the two years through 2023-24. Despite this, inflationary pressures, driven by labour shortages and supply constraints, have lifted input costs, offsetting exploration expenditure declines even as activity remains subdued. Established miners have focused on brownfield exploration, expanding and prolonging existing mines thanks to their lower risk and more predictable returns. Greenfield exploration is more speculative, and less than 1.0% of projects transition to mining operations. This higher risk, coupled with volatile commodity prices and heightened interest rates, has undermined investor enthusiasm for greenfield ventures. Still, rising global demand for base metals and critical minerals, along with government-led initiatives, has sustained greenfield exploration. These programs, like Exploring for the Future and the Junior Minerals Exploration Incentive, have boosted investor and explorer interest through essential data and funding, helping companies reduce uncertainty and explore underexplored territories. Mineral exploration expenditure is expected to climb at an annualised 3.5% over the five years through 2024-25, to $4.2 billion. This includes an expected 4.8% slump in 2024-25 because of softening exploration activity driven by low commodity prices. Net zero targets and supportive government policies will spur exploration for base metals and critical minerals, as these commodities are crucial inputs for energy transition. While commodity prices are forecast to remain low and restrain exploration in the short term, longer-term state and federal government strategies like Australia's Critical Minerals Strategy will support greenfield exploration. Brownfield exploration is set to underpin exploration expenditures as miners aim to optimise production scales as a result of mounting global competition, but high interest rates and low commodity prices could limit spending in the near term. Over the medium term, as inflation moderates, easing monetary policies worldwide should elevate exploration budgets. Global competition will intensify, with cost pressures and the allure of lower-cost international deposits prompting domestic giants to scout for opportunities abroad, weighing on domestic exploration expenditures. Mineral exploration expenditure is forecast to expand at an annualised 1.1% through 2029-30 to $4.4 billion

Indonesia Referred Price: Mineral: Titanium Concentrate data was reported at 10.710 USD/DMTU in May 2025. This records a decrease from the previous number of 10.720 USD/DMTU for Apr 2025. Indonesia Referred Price: Mineral: Titanium Concentrate data is updated monthly, averaging 10.970 USD/DMTU from Oct 2017 (Median) to May 2025, with 92 observations. The data reached an all-time high of 17.270 USD/DMTU in Jul 2022 and a record low of 8.980 USD/DMTU in Dec 2020. Indonesia Referred Price: Mineral: Titanium Concentrate data remains active status in CEIC and is reported by Directorate General of Mineral and Coal. The data is categorized under Indonesia Premium Database’s Mining and Manufacturing Sector – Table ID.BAG004: Referred Coal and Minerals Price.