January 4, 2024

Heat-buckle at railway line led to Fortescue’s train derailment

The firm had on Wednesday said that multiple iron ore cars derailed at its Western Australia operations.

January 2, 2024

Fortescue says iron ore cars derailed at Western Australia operations

Local media earlier reported that the Fortescue rail line into Port Hedland, Australia’s iron ore export epicentre, remained out of action on Tuesday.

January 2, 2024

Agnico Eagle invests $17 million for 12% of Canada Nickel

Canada Nickel’s flagship project is the Crawford nickel sulphide deposit in Ontario.

January 2, 2024

Iron ore price climbs to multi-month high on upbeat Chinese data, expectations of restocking

China's factory activity expanded at a quicker pace in December.

December 28, 2023

Biden extends EU steel, aluminum tariff exemption for 2 years

The Biden administration wants to continue negotiations on measures to address overcapacity and low-carbon production.

December 28, 2023

Japan’s JFE takes new tack to tame volatile coking coal prices

Japan's No.2 steelmaker plans to buy more coking coal from the spot market to boost activity and make prices more transparent.

December 28, 2023

India to exempt certain steel product imports from quality control requirements

India wants to meet domestic demand and rein in prices.

December 27, 2023

The biggest global mining news of 2023

A tumultuous year for the global mining industry: collapse of lithium prices, furious M&A activity, gold’s new record and state intervention in mining on a scale not seen in decades.

December 27, 2023

Iron ore price rises on upbeat Chinese industrial data, demand hopes

Market participants reacted to robust industrial data amid expectations of economic stimulus and robust Chinese demand.

December 26, 2023

Dalian iron ore soars on stimulus anticipation, strong demand outlook

Iron ore futures rose on Tuesday, driven by hopes of economic stimulus measures aimed at bolstering the Chinese economy.