January 17, 2024

Sumitomo participates in FPX Nickel financing to gain 9.9% stake

FPX owns 100% of the Baptiste nickel project in the Decar nickel district of British Columbia.

January 17, 2024

Vale considers shorter CEO term for Bartolomeo

According to Valor Econômico, the federal government is attempting to appoint former Brazilian Minister of Finance Guido Mantega as a Vale executive director.

January 17, 2024

Iron ore futures retreat amid weak China data

The benchmark February iron ore on the Singapore Exchange slid 2.6% to $125.95 a metric ton.

January 17, 2024

Original features of Vale’s tailings dam may have been responsible for failure – study

Certain features of the tailings dam at Vale’s Corrego do Feijao iron ore mine in Brumadinho may have been the cause of the accident that killed 270 people.

January 16, 2024

Rio Tinto sees stimulus boost in China to drive gradual recovery for iron ore demand

While prices of iron ore closed 2023 about 20% higher, they’ve lost about 8% so far this year.

January 15, 2024

Rio Tinto’s full-year iron ore shipments rise 3%

The shipment figure met Rio Tinto's guidance of between 320-335 million metric tons for the calendar year.

January 15, 2024

Iron ore price drops as China central bank’s rate move defies expectation

China's central bank left the medium-term policy rate unchanged on Monday.

January 14, 2024

France, ArcelorMittal agree on $2bn investment to cut French plant emissions

The $2 billion will finance electric furnaces and a direct reduction plant at Dunkirk.

January 12, 2024

China’s 2023 iron ore imports hit a record high on rising demand

The world's largest iron ore consumer brought in a total of about 1.18 billion metric tons in the past year.

January 11, 2024

Iron ore price rebounds on renewed hopes of China stimulus

The benchmark February iron ore on the Singapore Exchange climbed nearly 1%.