September 21, 2023

JPMorgan raises iron ore price outlook until 2025

While supply is gradually increasing, this is not yet reflected in prices, according to the bank.

September 21, 2023

Clean TeQ gets into tailings management business with ATA acquisition

Acquisition of ATA technology is part of the firm's targeted expansion into the global mine tailings management industry.

September 20, 2023

Cleveland-Cliffs clashes with US Steel as sale process gets underway

US Steel has not opened its books to Cliffs even as it accepts initial bids this week, because Cliffs will not agree to its conditions, sources say.

September 20, 2023

Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast

Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals.

September 20, 2023

Fortescue brushes aside worries, says exits show resolute board

Three high-profile executives left the world’s fourth-largest iron ore miner in one week, reviving debate on the company’s plan to be a green-energy powerhouse

September 19, 2023

Iron ore price extends decline as concerns over Chinese property market persist

Higher domestic supply also weighed on the key steelmaking ingredient.

September 19, 2023

Rio Tinto CEO says Chinese steel demand is close to peaking

China’s appetite for iron ore has picked up in recent months.

September 19, 2023

Brazil may be responsible for 5% of global annual emissions if all legal mining sites remain active – study

A recent study shows that if all of Brazil’s active legal mining sites continue to operate in the coming decades, emissions will total an estimated 2.55 gigatonnes of carbon dioxide…

September 18, 2023

Rio Tinto shoulders Simandou iron ore bill as Chinese funds delayed – sources

The company has so far spent more than $500 million on developing the project.

September 17, 2023

Brazil calls on rich nations to pay for global energy transition

Brazil's Mines and Energy Minister wants commodity giants Petrobras and Vale to spearhead the energy transition domestically.