Iron ore price tumbles as China’s demand outlook darkensChinese mills have idled dozens of blast furnaces as stocks piled up after domestic demand weakened, hit by covid-19 restrictions and bad weather.MINING.COM Staff Writer | July 4, 2022 | 11:34 am
Guinea halts Simandou iron ore project againMines minister said Rio Tinto's subsidiary Simfer and China-backed consortium…Cecilia Jamasmie | July 4, 2022 | 3:58 am
Iron ore price tumbles as recession fears fuel commodities selloff"It's not just China where steel output is under pressure,"…Reuters | July 1, 2022 | 2:44 pm
Iron ore price lowest since December on worries of oversupply of steel in China Renewed covid restrictions dampening overall domestic demand. MINING.COM Staff Writer | June 22, 2022 | 9:31 am
Rio Tinto opens Gudai-Darri, its most technologically advanced mine in Pilbara Its Rio's first greenfield mine in the Pilbara in more than a decade and a multi-billion-dollar investment. Staff Writer | June 21, 2022 | 3:33 pm
Vale to spend $400 million in 2022 to remove tailings dams The dam elimination program has already cost the company $857 million of the $4 billion it projects to spend by 2035. Reuters | June 21, 2022 | 2:02 pm
Over-optimism among China steelmakers behind iron ore’s price plunge Iron ore lost almost a quarter of its value in a dizzying eight-day plunge through Monday. Bloomberg News | June 21, 2022 | 8:29 am
BHP, Vale reject Brazil steelmaker CSN’s interest, say miner Samarco is not for sale Brazilian steelmaker CSN hired restructuring firm RK Partners to draft a proposal to buy control of Samarco. Reuters | June 21, 2022 | 7:47 am
Martian moon could be crucial for asteroid mining Researchers at the Harvard-Smithsonian Center for Astrophysics have shown that mining the Main Belt of asteroids that orbit between Mars and Jupiter could be done profitably. Staff Writer | June 21, 2022 | 5:10 am
Brazil steelmaker CSN drafting bid for miner Samarco An agreement may not be easy, according to Reuters sources, due to Samarco's liabilities related to its 2015 disaster in the city of Mariana. Reuters | June 20, 2022 | 9:39 am
Iron ore price sinks amid growing pessimism over demand outlook in China A raft of supportive policy measures from Beijing over the last couple of months have failed to result in persistent price gains. MINING.COM Staff Writer | June 20, 2022 | 7:43 am
Column: Iron ore suffers short-term demand woes, longer-term China threat The outlook for spot iron ore prices for the rest of the year largely rests on how successful China is at containing covid-19, writes Clyde Russell. Reuters | June 20, 2022 | 7:15 am