March 15, 2023

Moody’s upgrades global metals & mining outlook to stable  

The investors service maintained its 12-month price assumptions and medium-term sensitivity ranges for all commodities except coal.

March 15, 2023

BHP potentially faces $44 billion bill in Brazil dam case

The lawsuit, one of the largest in English legal history, was thrown out in 2020 before the Court of Appeal ruled in July that it could proceed.

March 15, 2023

Vale weighs IPO of metals unit after sale of 10% stake

The company has approached Mark Cutifani about becoming chair of the base metals business

March 13, 2023

Work set to resume at Simandou after Guinea, shareholders agree on terms

Guinea's transitional government ordered work to stop last July to try to force the shareholders to agree on joint venture terms.

March 13, 2023

Iron ore price rises on improving China steel margins

The rapid rise in steel mills' profits and their output expansion have boosted demand, Sinosteel Futures said.

March 10, 2023

Vale approves new board nominations

Among the new nominations are former Espirito Santo Governor Paulo Hartung and the new head of Banco do Brasil's Previ pension fund, Joao Luiz Fukunaga.

March 10, 2023

Fortescue Metals to cut ‘few hundred’ jobs

Miner started laying off more than 100 workers at its Iron Bridge project in the Pilbara region, according to local media.

March 10, 2023

China tells iron ore traders to stop hoarding after rally

Beijing authorities are urging trading companies that store iron ore in big volumes at ports to sell some of their material.

March 9, 2023

Iron ore price up on rising Chinese steel output

The downstream steel demand has been continuously recovering, said a senior analyst at Mysteel.

March 6, 2023

BHP CEO says he is optimistic about Chinese economy this year

BHP last month reported a steeper-than-expected 32% fall in first-half profit.