December 12, 2023

Iron ore price up as hopes of China stimulus resurface

China's leaders started a closed-door meeting on Monday to discuss economic targets and map out stimulus plans for 2024.

December 12, 2023

Komatsu, GM to co-develop hydrogen fuel cells for electric trucks

The two have created a joint venture to co-develop a hydrogen fuel cell power module for the 930E electric drive mining truck.

December 12, 2023

Rio Tinto says it is optimistic about China’s growth

The comments came as China's economy has struggled to mount a strong post-pandemic recovery amid a deepening housing crisis.

December 12, 2023

Vale mulls briquette plants in Gulf of Mexico, Middle East

The company opened a new plant in Espirito Santo state, Brazil, with production capacity of 2 million metric tons per year.

December 12, 2023

Anglo American’s falling shares fuel takeover rumours

Analysts say Anglo's current low valuation and diversified portfolio makes it an attractive target for potential buyers.

December 8, 2023

ArcelorMittal sells Kazakh assets for $286 million

The Kazakhstan government's involvement in the deal ensured a lower price for the assets.

December 8, 2023

Anglo American shares plunge after production cuts

Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines.

December 6, 2023

Brazil says talks on compensations over Vale-BHP dam burst are halted

There is still no date for the negotiations to resume as the companies have refused to submit a new proposal.

December 5, 2023

Rio Tinto looking at synergies to reshape portfolio, not big M&A

"The last thing we need is very big M&A, because it's very disruptive and it takes you off course," CEO Jakob Stausholm said.

December 5, 2023

Rio Tinto brings forward Simandou iron ore production to 2025

Rio owns two of four Simandou mining blocks as part of its Simfer joint venture with China's Chalco Iron Ore Holdings and the government of Guinea.