September 20, 2022

Ferrexpo says Ukrainian court rules 2002 share deal invalid

Former shareholders have filed claims to invalidate a share purchase deal from 2002, in which a more than 40% stake in FPM was sold to its former CEO and other…

September 19, 2022

Fortescue to spend $6.2bn to rid iron ore ops of fossil fuels by 2030

The investment includes installing an additional 2-3 gigawatts of renewable energy generation and battery storage.

September 16, 2022

Lula campaign mulls new mining royalties in Brazil, spooking industry

Among the projects that could be affected should Lula win and impose the special royalty rate are a series of Vale-operated iron ore complexes in the Carajas region of northern…

September 15, 2022

Decarbonizing iron ore and steel industry by 2050 requires $1.4 trillion investment — report

To stay in line with the Paris Climate Agreement, requires revolution across every stage of the value chain.

September 15, 2022

US Steel says accelerating headwinds eroding metal demand

Over the last 24 hours, three of the most iconic names in American heavy industry told investors that deliveries are waning across all sectors.

September 15, 2022

Vale says iron market ‘can only get better’ amid tight supply

Company has been pursuing partnerships with steelmakers looking to address the challenge of finding cleaner ways to process minerals.

September 14, 2022

Indonesia accounts for over 50% of deforestation caused by large-scale mining

Coal extraction in the Indonesian province of East Kalimantan drove the mining-related deforestation in the country.

September 13, 2022

Rio Tinto, China Baowu to develop Australian iron ore project for $2bn

Rio Tinto will invest $1.3 billion for the project development.

September 11, 2022

Diamond-formation process inside earth’s core unveiled

Researchers have found that due to the conditions of the core-mantle boundary carbon comes out of a liquid iron-metal alloy and forms diamonds.

September 9, 2022

Vale posts best week in 20 months on metals rebound, nickel plans

Shares in the world’s No. 2 iron ore producer and major nickel supplier surged 11% this week, outpacing peers.