Iron Ore Top Stories

Iron ore price tumbles as China’s demand outlook darkens

Chinese 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 again

Mines minister said Rio Tinto's subsidiary Simfer and China-backed consortium…

Cecilia Jamasmie | July 4, 2022 | 3:58 am

Australia sees commodities boom lifting exports to fresh record

Australia’s minerals exports are set to reach unseen heights for…

Bloomberg News | July 3, 2022 | 9:46 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

Vale secures natural gas supply for 100% of pelletizing ops

The deal is set to allow Vale's Sao Luis plant…

Reuters | July 1, 2022 | 8:17 am

Top three Aussie miners to shed $11bn in market value as commodity rout accelerates

BHP and Rio Tinto are trading at a one-month low, while Fortescue is at a three-month low.

Reuters | June 20, 2022 | 3:43 am

Guinea gives Simandou iron ore mine developers 14-day deadline

Guinea has grown increasingly impatient with the companies that control the giant Simandou deposit.

Reuters | June 19, 2022 | 10:18 am

Iron ore price hits six-month low on plunging China steel margins

Chinese steel mills are opting to reduce output amid weak profits and deteriorating demand prospects.

MINING.COM Staff Writer | June 17, 2022 | 7:59 am

Mexico union strikes at ArcelorMittal plant over profit sharing

Union said the company was refusing to share 10% of profits from the 2021 fiscal year among over 3,500 direct employees.

Reuters | June 16, 2022 | 7:34 am

Ukraine steelmaker says Russia is taking metal from Mariupol

The alleged thefts would fit a pattern of Russia targeting commodity hubs that provided Ukraine with vital export revenues.

Bloomberg News | June 15, 2022 | 11:22 am

Fortescue teams up with Liebherr for green-haul trucks

Miner will buy 120 green-haul trucks, replacing about 45% of its current fleet as it pushes towards decarbonizing its operations.

Reuters | June 15, 2022 | 7:30 am

Rio Tinto starts iron ore deliveries from Gudai-Darri mine

The capital cost of the mine, which is expected to have a life of over 40 years, is estimated to be $3.1 billion.

Reuters | June 14, 2022 | 4:46 pm

Iron ore price down ahead of China’s central bank rate announcement

Market focus has turned to the People's Bank of China, which could cut the rate on its medium-term lending facility on Wednesday.

MINING.COM Staff Writer | June 14, 2022 | 8:50 am

Samarco, creditors to discuss restructuring proposals on June 21

Creditors rejected the company's last proposal on April 18 and filed an alternative plan a month later.

Reuters | June 14, 2022 | 7:17 am

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Iron ore price tumbles as China’s demand outlook darkens

Guinea halts Simandou iron ore project again

Australia sees commodities boom lifting exports to fresh record

Iron ore price tumbles as recession fears fuel commodities selloff

Vale secures natural gas supply for 100% of pelletizing ops

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Top three Aussie miners to shed $11bn in market value as commodity rout accelerates

Guinea gives Simandou iron ore mine developers 14-day deadline

Iron ore price hits six-month low on plunging China steel margins

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