June 16, 2023

Column: Iron ore dances between China stimulus optimism and soft economic reality

The spot price of iron ore has gyrated in recent weeks, driven by hopes for more stimulus from Beijing and concerns that the run of soft economic indicators is likely…

June 15, 2023

Brazil’s Gerdau to invest $667 million in sustainable mining platform

Gerdau said it will use the iron ore obtained from the new platform on four steel production units.

June 13, 2023

Rio Tinto inks deal to bring iron ore rail car manufacturing to Pilbara

Rio intends to invest about $101 million to acquire 100 domestically built ore rail cars over six years.

June 13, 2023

Billionaire Forrest calls Musk a ‘muppet’ over fuel cell doubts

Andrew Forrest, founder of Fortescue Metals, said doubters of hydrogen fuel-cell technology, including Elon, are “muppets.”

June 12, 2023

Iron ore price falls nearly 4% after Goldman’s China property warning

The investment bank said in a note that it sees persistent problems in Chinese real estate.

June 12, 2023

Rio Tinto, China’s Baowu seek to use low-grade ores for cleaner steel

Steel production generates up to 9% of global emissions.

June 7, 2023

Cameroon to start building railway to disputed iron ore project in August

It signed a deal with two China-linked companies in June 2021 to construct the railway, despite facing legal action from Australia's Sundance Resources.

June 6, 2023

Australia maps all of its tailings dams

A new Atlas of Australian Mine Waste aims to provide industry with opportunities to extract critical metals from previously mined rock.

June 6, 2023

Wildfires force miners in Quebec and Labrador to halt operations

About 200 military personnel were on the ground on Tuesday morning to help control the fires and aid companies to evacuate employees.

June 5, 2023

Iron ore price extends gains on China stimulus bets

Regulators were considering a package of measures including further relaxing restrictions for residential purchases.