Iron ore prices were up on Tuesday after China’s June trade data was released.
Imports climbed 36.7% from a year earlier, beating the median forecast of 29.5%. Export growth accelerated to 32.2% in dollar terms, the customs administration said, overturning economist’s expectations of a slowdown to 23%. That left a trade surplus of $51.5 billion for the month, the highest since January.
Cadence Minerals plc (LON:KDNC) provides mining services. The Company focuses on finding lithium and other technology minerals in new places, as well as offers extracting services.