December 4, 2024

Mitsubishi Corp loses $90 million in suspected China metal fraud

The loss is the latest in a string of recent cases of alleged wrongdoing to hit a major commodity trading house.

December 4, 2024

Vale aims to go down-market on iron ore

The miner plans to offer more lower-quality iron ore to adapt to the needs of a battered steel industry.

December 4, 2024

Workers’ strike slows production at B2Gold’s Fekola mine, sources say

Between 1,875 and 2,000 workers at B2Gold's Fekola mine in Mali launched the seven-day strike on Nov. 29.

December 4, 2024

Rio Tinto unveils lithium resource at Rincon project

It would produce 53,000 tonnes of battery-grade lithium carbonate annually over a 40-year mine life, with plans to expand to 60,000 tpy.

December 3, 2024

Rio Tinto holds tender with legacy inventory from Argyle and Diavik mines

Bids came in from 12 regions across Australia, Europe, Japan, Hong Kong, the Middle East, Singapore and North America, Rio said.

December 3, 2024

Rio Tinto sells copper mine stake to Sumitomo for $399 million

Sumitomo is slated to acquire a 30% equity share of the Winu project in Australia.

December 3, 2024

Vale Base Metals completes Voisey’s Bay underground mine in Labrador

What began life as open pit in 2005 is now two underground mines – Reid Brook and Eastern Deeps.

December 3, 2024

Vale sees China steel production declining, other regions to grow

The company said it will adjust its distribution network to answer to the geographical changes on global steel production.

December 3, 2024

Fortescue awarded A$10 million to support development of 6MW truck chargers

According to the company, the new chargers are capable of charging 240-tonne battery electric trucks in just under 30 minutes.

December 3, 2024

Steel industry will take more time to decarbonize, says Vale CEO

The miner reported an output of about 328 million tonnes this year.