August 29, 2022

Mining tycoon Steinmetz seeks to topple bribery conviction

Steinmetz, 66, was convicted in January 2021 of bribing public officials in Guinea to secure the concession for the vast Simandou iron ore project.

August 29, 2022

MinRes greenlights $2.1 billion Onslow iron ore project in Western Australia

Decision to build the project and associated port will open up a major new iron ore area in the Pilbara.

August 25, 2022

Iron ore price rises as Chinese steel mills ramp up output

China's move to support its economy, including funding support for infrastructure projects, also boosted sentiment.

August 24, 2022

Brazil steel demand may double within decade, ArcelorMittal says

Despite the talk of recession in economies around the world, demand for steel appears to be picking up.

August 24, 2022

Samarco mine disaster settlement talks irk Brazil officials as deadline approaches

Minas Gerais Secretary said proposal falls short of the required environmental and social compensation for a tailings dam collapse that killed 19 people and contaminated waterways in two states.

August 23, 2022

CEO who dubbed steel market a falling knife is calling a bottom

While construction has faced headwinds, there are green shoots on the horizon, economist says.

August 23, 2022

Iron ore price rises as China cuts lending benchmarks

China’s property market crisis is testing whether central bank Governor Yi Gang can stick to his stimulus-lite strategy.

August 22, 2022

Electric vehicle industry prizes steel over aluminum, Cleveland-Cliffs CEO says

Chief Executive Lourenco Goncalves said EV companies are going “all-in” on steel as they build out plans for the transition away from combustion-engine vehicles.

August 19, 2022

Fortescue inches closer to iron ore exploration in Gabon

A majority-owned joint venture has signed an agreement that will pave the way to study and obtain a licence to explore the Belinga project.

August 19, 2022

ERG halts iron ore supply to Russia’s MMK due to sanctions

The United States included MMK in its latest round of sanctions this month.