May 18, 2023 Top stock fund wagers BHP, Rio Tinto will weather iron ore slump Even when iron-ore prices fall, Australian producers are still highly profitable given they have a lower cost, said
May 15, 2023 LME base metals index tumbles more than 30% since 2022 peak The LMEX recently collapsed below its 200-day moving average.
May 15, 2023 Ivanhoe Electric sets up JV with Saudi Arabia’s Ma’aden The 50/50 joint venture will explore for metals considered key for the world’s energy transition in the Middle eastern country.
May 12, 2023 Iron ore price stable despite demand concerns Many Chinese steel mills have reportedly lowered their prices amid disappointment over demand.
May 12, 2023 London court rejects BHP’s 14-month delay request to Brazil dam case The miner is being sued by 720,000 Brazilians over the 2015 collapse of the Fundao dam.
May 10, 2023 Iron ore price rises on renewed hopes of China demand recovery Mysteel reported that six steel mills in North China's Shanxi province will resume production in the coming two weeks amid improved margins.
May 9, 2023 Iron ore price up on China stimulus bets China's imports of iron ore rose 5.1% in April from the same period the previous year.
May 9, 2023 Vale and France’s GravitHy sign carbon neutral steel study The agreement will focus on studies to build a factory to produce briquettes from Vale's high-grade iron ore through direct reduction.
May 8, 2023 Brazilian iron ore state wants to lure lithium investors Minas Gerais will welcome “investors from all over the world” to Vale do Jequitinhonha, said governor Romeu Zema.
May 5, 2023 Iron ore price slides to six month low Increased equipment maintenance amid shrinking margins will further cap demand for iron ore in the short term – analyst.
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