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.
July 25, 2022 Voyager Metals calculates $1.6bn after-tax NPV, 43% IRR for Mont Sorcier iron-vanadium project Over a 21-year mine life, Mont Sorcier's annual production target is set at 5Mt of high-grade, low-impurity iron concentrate grading 65% iron with 0.52% V2O5 per tonne.
July 25, 2022 How and why China is centralizing its billion-tonne iron ore trade China has embarked on one of the biggest shake-ups of the global iron-ore market in more than a decade.
July 25, 2022 Iron ore price rises on hopes for China’s rebound in Q3 China will make "great efforts" to consolidate its economic recovery, state media reported.
July 24, 2022 Steelmaker Voestalpine builds up gas reserve to tackle shortfalls Voestalpine has built up sufficient gas reserves to safeguard three months of production should there be an emergency hit to supplies.
July 22, 2022 Ford’s flurry of supply deals gives iron a starring role in EVs Ford Motor Co.’s new laundry list of battery-metals suppliers reads like a who’s who of the mining world, spanning the globe from Argentine lithium to Indonesian nickel.
July 22, 2022 Researchers figure out how to accurately detect compounds in rocks In just one-millionth of a second, it is possible to capture the elements that make up a sample.
Codelco, SQM kick off lithium tie-up with board meeting The NovaAndino Litio company was established after an agreement signed in May 2024 and valid until 2060. December 29, 2025 | 07:59 am