June 2, 2023

Iron ore price up on China stimulus hopes

Market commentators continue to speculate about China rolling out additional stimulus to support its economic recovery.

June 1, 2023

Fortescue Metals appoints Christine Morris as CFO

Most recently, Morris served as the finance chief of Maersk Drilling.

June 1, 2023

Rio Tinto to invest $395 million in Pilbara desalination plant

Construction is expected to start in 2024 and the facility will be operational and producing water in 2026.

June 1, 2023

Key railway serving South African iron ore exporters reopens

The line is used to haul iron ore and manganese from Kumba Iron Ore Ltd.’s giant Sishen mine and other operations to the port of Saldanha.

June 1, 2023

Samarco reaches deal with certain creditors over debt restructuring framework

Vale said Samarco should emerge from the recovery process with a "lean capital structure".

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.