September 7, 2023

Leadership doubts threaten Fortescue founder’s green reinvention

The firm’s reputation for capital discipline seems to have “gone out the window” with the green-energy push, said one analyst.

September 7, 2023

Sweden’s H2 Green Steel raises $1.6bn for Boden plant

Boden is expected to be the world's first large-scale green steel plant.

September 7, 2023

China state planner says to step up oversight of iron ore market

In March and April, the state planner issued several similar warnings to step up supervision of iron ore markets.

September 7, 2023

US, EU plan new steel tariffs aimed at China, others

The measures would primarily target imports from China that benefit from non-market practices.

September 7, 2023

ICMM releases guidelines to tackle Scope 3 emissions

Document provides a standardised framework for mining and metals firms to calculate and disclose their value chain emissions.

September 6, 2023

South African mines to get a faster route to Mozambique port

The Logistics Co. plans to open a trucks-only crossing at Komatipoort, just north of South Africa’s main Lebombo entry point into Mozambique.

September 6, 2023

Fortescue says executive exodus reflects green shift

Since reaching a year-high peak in July, Fortescue’s shares have fallen more than 15% in Sydney.

September 6, 2023

Vale says China property outlook is more encouraging

Iron ore prices have proved surprisingly resilient in recent months in the face of a crisis in China’s vital property market.

September 6, 2023

Vale, H2GS mull industrial hubs in Brazil, North America

The potential plants would be focused on producing low-carbon products such as green hydrogen and hot briquetted iron.

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.