June 1, 2023

BHP owes underpaid Australian workers $280 million

The company said it had incorrectly deducted leave on public holidays since 2010 for an average of six leave days in total per person.

June 1, 2023

Google leads funding round for Indian space startup Pixxel

Pixxel, founded in 2019, is building a constellation of satellites that have the ability to identify mineral deposits or the productivity of crops by analysing the spectral signature of an…

May 31, 2023

US-China green energy rivalry ‘great for world,’ Forrest says

Iron ore magnate Andrew Forrest says it is healthy to challenge China’s dominance of sectors like renewable energy, EVs and battery metal processing.

May 29, 2023

It’s not a good time to be a steel mill or coal mine in China

China’s raw materials producers are at the forefront of falling industrial profits.

May 26, 2023

Metals markets face grueling summer as Chinese demand falters

Copper has dived below $8,000 a tonne and iron ore is trading south of $100.

May 26, 2023

Deep-sea mining may affect thousands of new species found in hotspot

Scientists have identified more than 5,500 entirely new species in the CCZ of the Pacific Ocean, an area targeted by deep-sea miners.

May 25, 2023

Nippon Steel still in talks with Teck as it seeks stake in coal asset

Nippon Steel said in February it will spend around C$1.15 billion to buy a 10% stake in Elk Valley.

May 25, 2023

BHP confident China property recovery will boost metals demand

Weaker-than-expected construction, particularly in the property sector, has pushed iron ore below $100 a tonne.

May 25, 2023

China’s state iron ore buyer gets down to business, yet to flex pricing power

Around 30 mills signed iron ore contracts though China Mineral Resources Group.

May 24, 2023

Iron ore price drops below $100 as worries over China demand grow

A weaker yuan added to the gloomy mood.