October 18, 2023

Brazil’s Batista brothers to invest $1 billion to boost iron ore mines

J&F, the family holding, emerged as the surprise buyer of Vale’s iron ore and manganese mines in the central west state of Mato Grosso do Sul.

October 18, 2023

Rio Tinto aims to add more iron ore with stronger China outlook

The producer will spend $70 million to lift production at Gudai-Darri, its newest mine in Western Australia’s Pilbara region.

October 17, 2023

Vale’s iron ore output falls as operations failure hits key mine

The firm produced 86.2 million metric tons of iron ore between July and September.

October 17, 2023

Vale creates company to sell sand from iron ore tailings

The company wants to reduce the disposal of such materials in dams or piles following major disasters.

October 17, 2023

Rio Tinto cuts Canadian iron ore guidance

The Iron Ore Company of Canada, in which Rio has a 60% interest, is now expected to reach 9.3-9.8mt, down from the 10-11mt set in July.

October 17, 2023

Glencore to shut Mount Isa copper mines by 2025, cut 1,000 jobs – AFR

Move will result in the loss of about 1,000 jobs, though it will keep its refinery and smelters open in North Queensland.

October 16, 2023

Rio Tinto’s Q3 iron ore shipments rise marginally on Gudai-Darri strength

The company generates 70% of its profit through its iron ore operations.

October 16, 2023

Iron ore price rises as China stimulus lifts sentiment

China's central bank ramped up liquidity support to the banking system by conducting medium-term lending facility operations.

October 13, 2023

Iron ore price struggles for direction as traders assess China demand

Hopes of additional economic stimulus by Beijing helped limit losses.

October 11, 2023

NASA to launch first mission to metal-rich asteroid

Scientists believe the asteroid can help discoveries about Earth's core and those of other terrestrial planets.