July 8, 2022

Iron ore price down as China’s steel industry sounds alarm over crisis conditions

China’s steel mills are sounding the alarm over crisis conditions in the industry as margins plunge due to weak demand. 

July 8, 2022

BHP loses appeal to multibillion lawsuit over Samarco disaster

The lawsuit by 200,000 Brazilians over the deadly dam failure in 2015 alleges the miner ignored safety warnings.

July 7, 2022

Political changes boost risk for miners in Latin America

Demands for higher revenues from companies, tougher environmental rules and changes to laws have deepened risks across Latin America, index shows.

July 6, 2022

Iron ore price falls on China covid woes, recession fears

Goldman Sachs expects the metal price to average $100 per tonne in Q2 2022.

July 4, 2022

Iron ore price tumbles as China’s demand outlook darkens

Chinese mills have idled dozens of blast furnaces as stocks piled up after domestic demand weakened, hit by covid-19 restrictions and bad weather.

July 4, 2022

Guinea halts Simandou iron ore project again

Mines minister said Rio Tinto's subsidiary Simfer and China-backed consortium WCS have shown a "lack of willingness" to work on a partnership.

July 3, 2022

Australia sees commodities boom lifting exports to fresh record

Australia’s minerals exports are set to reach unseen heights for a second year.

July 1, 2022

Iron ore price tumbles as recession fears fuel commodities selloff

"It's not just China where steel output is under pressure," said Warren Patterson, head of commodities strategy at ING.

July 1, 2022

Vale secures natural gas supply for 100% of pelletizing ops

The deal is set to allow Vale's Sao Luis plant to stop running on fuel oil when the supply starts in 2024.

June 30, 2022

Minerals from Antarctica give clues to potentially habitable locations on Mars

Minerals found in samples of material from Antarctica could give scientists a better understanding of the surface and subsurface environment of Mars.