March 7, 2024

Severstal plant in Russia’s Cherepovets hit by drone strike, says official

No injuries have occurred, and operations have remained uninterrupted.

March 7, 2024

Brazil’s CSN net profit soars on mining performance

CSN's net profit jumped by more than fourfold in the fourth quarter.

March 4, 2024

AI, 5.5G networks to take mines to new “smart” level

The sector has embarked on a quest to transform operations by integrating connectivity, automation and artificial intelligence.

March 3, 2024

World-beating mining stock turns big loser thanks to China slump

Iron ore behemoth Fortescue is tipped for the greatest earnings slowdown over the next year compared with peers.

March 2, 2024

US Steel takeover’s fate may hang on the words of a union boss

David McCall is one of the most crucial voices that can help decide the fate of Nippon Steel’s proposed takeover of the storied United States Steel Corp.

February 28, 2024

BHP launches major worldwide restructuring, AFR reports

The changes led by CEO Mike Henry will see several specialist teams disbanded and their functions reassigned in a bid to cut costs and simplify operations.

February 28, 2024

Bearish demand expectations challenge iron ore’s price resilience

Prices have fallen by nearly 8% since the end of the Lunar New Year holiday in China.

February 28, 2024

Brazil’s President Lula says he will not discuss Vale’s CEO succession

Brazil's government was reported by local media as trying to interfere in Vale's succession.

February 27, 2024

Vale iron ore output rises 15% from between Nov-Jan

Its production growth is higher than that in the October-December quarter.

February 26, 2024

United Steelworkers signs non-disclosure agreement with Nippon Steel

USW is the main union representing US Steel.