July 28, 2022 Anglo American cuts dividend as inflation, extreme weather erode earnings Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.
July 28, 2022 ArcelorMittal to buy Brazil steelmaker CSP for $2.2 billion With the deal, the world's second-largest steelmaker is adding an installed capacity of 3 million tonnes a year of steel slabs.
July 28, 2022 Rio Tinto inks deal to unlock huge Simandou iron ore project The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port.
July 27, 2022 Fortescue raises annual shipments forecast amid inflation pain The world's fourth-largest iron ore miner said it shipped 49.5Mt of the steel-making ingredient in the quarter ended June 30.
July 27, 2022 Rio Tinto says Simandou deal close after wrangles over railway Rio Tinto said it’s close to a breakthrough in a landmark deal to unlock the world’s biggest untapped iron ore mine.
July 27, 2022 China’s hunger for commodities is wavering after years of growth China’s imports of key commodities face some mighty headwinds in the second half.
July 27, 2022 Rio Tinto slashes dividend as profits take a hit; shares tumble Rio Tinto reported a 29% drop in first-half profit and more than halved its dividend on Wednesday.
July 26, 2022 Goldman warns China’s property crisis will sink iron ore price Goldman cut its three and six-month price targets to $70 and $85 a tonne, respectively, from $90 and $110 a tonne.
July 26, 2022 Rio Tinto, Fortescue record profits near end on price view, dim demand A persistent downward trend in iron-ore prices is expected to weigh significantly on the earnings of top Australian miners.
July 26, 2022 Kumba pins hopes on China’s infrastructure stimulus First-half production at Kumba's two mines declined 13% to 17.8 million tonnes, largely due to heavy rains.
China pledges to control steel output during 2026-2030 period In the first 11 months of 2025, China's crude steel output fell 4% from a year earlier. December 27, 2025 | 08:20 am