February 14, 2023

Fortescue Metals’ first-half profit drops on lower iron ore prices

The miner also flagged that inflationary pressures will continue to be a risk for the remainder of the fiscal 2023.

February 13, 2023

Iron ore price drops on Chinese demand fears

"The profits of steel mills have not improved," Huatai Futures analysts said.

February 12, 2023

ArcelorMittal warns on steel demand as China seen flatlining

Whether China will recover strongly after lifting tough coronavirus restrictions has been the key question for commodities markets.

February 10, 2023

Usiminas results hurt by $321.3m steelmaking impairment

In 2022, Usiminas sold 8.64 million tonnes of iron ore.

February 9, 2023

Fortescue Metals preparing to cut up to 1,000 jobs

The cuts would be across Fortescue Future Industries, a clean energy subsidiary focused on producing hydrogen.

February 8, 2023

BHP halts Western Australia iron ore operations for a day after worker dies

Western Australia police have showed up on the site and BHP has informed safety regulators of the incident.

February 7, 2023

Fortescue inks deal for Gabon iron ore mine; project to start mid 2023

Fortescue has been assessing the Belinga iron ore project since 2018.

February 7, 2023

Anglo CEO warns extreme weather threatens global mine supplies

The mining industry has been struggling to hit production targets, hurt by everything from floods and droughts to creaking infrastructure and political instability.

February 7, 2023

Brazil mineral output falls 12% in 2022 – industry group

The local mining industry total revenue plunged 26% last year.

February 7, 2023

Brazil okays BHP’s $6.6 billion acquisition of OZ Minerals

The deal still requires the approval of Australia’s regulatory bodies and the copper-gold miner shareholders, who are set to vote in April.