An employee walks past a rotary dredge working at an open-cast iron ore mine of the Stoilensky mining and concentration plant (GOK), owned by the Novolipetsk (NLMK) steel mill, in the city of Stary Oskol in Belgorod region, Russia, August 4, 2015. (Photo by Maxim Shemetov/Reuters)

BMX biker and event compere Ben Manuel warms up for the annual Hub Festival May 20, 2011 in Liverpool, England. This weekend's annual hub festival is an urban mix of art, music and action sports staged at Otterspool Promenade and attracts the top BMX, Skateboarders, artists and musical talent from across the UK. (Photo by Christopher Furlong/Getty Images)

A truck carrying iron ore moves along a road at the Fortescue Metals Group (FMG) Christmas Creek iron ore mine located south of Port Hedland in the Pilbara region of Western Australia, November 17, 2015. (Photo by Jim Regan/Reuters)

Mount Whaleback iron ore mine 23°21’32.3”S, 119°40’40.1”E. The Mount Whaleback Iron Ore Mine in the Pilbara region of Western Australia. Roughly 98% of the world’s mined iron ore is used to make steel and is thus a significant component in the construction of buildings, automobiles, and appliances such as refrigerators. (Photo by Daily Overview/DigitalGlobe, a Maxar Company)

A rainbow is seen near a cloud south of Corvallis, Ore., Monday, May 19, 2014. (Photo by Andy Cripe/AP Photo/The Corvallis Gazette-Times)

Labourers pour molten iron into a container at a foundry in Xiangfan, Hubei province in this July 2, 2010 file photo. Iron ore is enjoying its biggest rally in years, outpacing copper and oil so far in 2016, but still weak forward prices show it may be tough to stretch the bullish outlook. Improving steel prices in top market China are helping fuel iron ore's climb as producers gear up for a seasonal uptick in demand. Yet there is no shortage of doubters who see gains in the bulk commodity as fleeting given a large glut and challenges for China's economy. (Photo by Reuters/Stringer)

With Haystack Rock in the background, Julie Amschler, of Springfield, Mo., walks along the beach on Thursday, June 13, 2024, in Cannon Beach, Ore. (Photo by Jenny Kane/AP Photo)

A model, Mousumi Das wearing a traditional Indian saree and holding a Clay face of the Durga idol poses for an Agomoni Concept photoshoot at the Artist hub Kumortuli in Kolkata on August 23, 2025. (Photo by ZUMAPRESS.com/The Mega Agency)