September 5, 2023

Vale to start building Middle East ‘mega hubs’ in 2024

Vale had announced last year plans to develop the plants in Saudi Arabia, the United Arab Emirates and Oman.

September 4, 2023

Miner ARM to tread carefully in hunt for overpriced green assets

African Rainbow Minerals is seeking lithium and copper acquisitions but is concerned about "crazy money" being paid for metal assets.

September 4, 2023

BHP says Brazilian court approves Samarco debt reorganization plan

Samarco had struggled to reach an agreement for years with its creditors, who rejected its initial recovery plan in April 2022.

September 3, 2023

Nigeria to set up solid minerals corporation to attract investment

Nigeria wants mining to play a much bigger role in its economy by expanding its mineral extraction sector.

September 3, 2023

Saudi’s SABIC to sell steel unit Hadeed to PIF for $3.3bn

The proceeds from the sale of Hadeed will be used to support SABIC's growth in the chemicals industry

September 1, 2023

Court approves Samarco’s judicial recovery plan

The agreement sealed between the company and creditors provides for a 25% discount on the company's debts, which reach $9.7 billion.

September 1, 2023

JPMorgan upgrades Vale stock on iron ore demand

Steel overproduction in China represents a potential catalyst for shares, JPMorgan said.

September 1, 2023

Column: China’s PMI stays sluggish, but commodity imports are still robust

Arrivals of key resources such as crude oil, iron ore and coal appear to have accelerated in August.

September 1, 2023

Fortescue founder toys with reverse greenwashing

Guy Debelle resigned from the board of Fortescue’s green energy, continuing the run of abrupt departures by executives at the miner.

August 31, 2023

Fortescue executive rout continues as Debelle quits green unit

Earlier in the week, metals division's CEO Fiona Hick announced departure, and on Thursday the division's finance chief Christine Morris stepped down.