Steelmakers have accused the four countries of dumping the steel used in construction and machinery so the European Commission, the trade policy watchdog, had set out plans to levy tariffs of up to 33 percent.
Iron Ore Mining News
Those that do not pass the tests will have to make necessary improvements by the end of December or face closure.
Prices for iron ore and coking coal, the two key ingredients for steelmaking, are set to remain buoyant for the remainder of the year, Macquarie Bank predicted in a recent report.
The Green Party wants to create New Zealand’s largest marine mammal sanctuary in order to stop extractive activities in the South Taranaki Bight
The business could fetch around $10 billion, two banking sources said.
The loss was in part due to weakness in the price of nickel, with zinc remaining flat and copper seeing a slight increase.
Silvergrass adds 10 million tonnes of iron ore to the market as price stabilizes in the mid-$70s.
Federal judge Rolando Spanholo said opening the area known as Renca to mining can only be done by an act of Congress under the constitution.
The miner, South Africa’s largest gold producer, said that in the absence of a dividend, it’ll give investors two new shares for every 100 held.
Brazil's government will revise a decree that opened up a vast mineral reserve in the Amazon rainforest to mining responding to overwhelming criticism.
The region, preserved as a national reserve for more than three decades, is thought to be rich in gold, iron ore, copper and other minerals.
Controversial director Grant King is stepping down, only six months after joining the company amid concerns among investors over oil investments.
Prices for the steelmaking material have increased almost 50% since its 2017 lows.
After posting a fourfold rise in profits, world's number one mining company now "actively pursuing options to exit" its US oil and gas business bought for $20B six years ago.
World number 4 iron ore miner Fortescue Metals Group said on Monday it will pay a record-high final dividend after more than doubling its annual profit, and plans to give more of its profits to shareholders in the future.
Another big day on Chinese futures markets as seaborne iron ore prices approach $80 a tonne.
A committee of six ministers pointed to numerous flaws with the project, including severe impact to a Humboldt penguin reserve.
Experts and mining companies fear some of the modifications that go in effect in November, will result in hefty taxes, higher research costs and decrease interest from foreign investors.
There are several encouraging signs for the mining outlook in Australia.
Israeli diamond billionaire Beny Steinmetz, four others, in custody of Israeli police on suspicion of fraud, forgery, obstruction of justice and bribery.
ArcelorMittal South Africa is considering job cuts and restructuring to save costs in a challenging global steel market and recession at home, it said on Tuesday.
Bigger-than-expected shareholder support in Vale SA's stock conversion plan could lead the world's No. 1 iron ore producer to accelerate the listing of common shares in Brazil's strictest market segment and lure a boarder base of investors.
Trans-Tasman is now allowed to recover resources from the country’s Exclusive Economic Zone
Tata Steel has just inaugurated India’s first solar power project located at an iron ore mine