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.
March 6, 2023 Metals catch a chill as Beijing shies away from major stimulus Commodities from copper to iron ore fell after China set a cautious economic growth target of about 5% for the year.
March 6, 2023 Iron ore slides after China seeks advice on rising prices "Some market participants with long positions liquidated their positions today to lock profits," analyst says.
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