June 21, 2022

BHP, Vale reject Brazil steelmaker CSN’s interest, say miner Samarco is not for sale

Brazilian steelmaker CSN hired restructuring firm RK Partners to draft a proposal to buy control of Samarco.

June 21, 2022

Martian moon could be crucial for asteroid mining

Researchers at the Harvard-Smithsonian Center for Astrophysics have shown that mining the Main Belt of asteroids that orbit between Mars and Jupiter could be done profitably.

June 20, 2022

Brazil steelmaker CSN drafting bid for miner Samarco

An agreement may not be easy, according to Reuters sources, due to Samarco's liabilities related to its 2015 disaster in the city of Mariana.

June 20, 2022

Iron ore price sinks amid growing pessimism over demand outlook in China

A raft of supportive policy measures from Beijing over the last couple of months have failed to result in persistent price gains.

June 20, 2022

Column: Iron ore suffers short-term demand woes, longer-term China threat

The outlook for spot iron ore prices for the rest of the year largely rests on how successful China is at containing covid-19, writes Clyde Russell.

June 20, 2022

Top three Aussie miners to shed $11bn in market value as commodity rout accelerates

BHP and Rio Tinto are trading at a one-month low, while Fortescue is at a three-month low.

June 19, 2022

Guinea gives Simandou iron ore mine developers 14-day deadline

Guinea has grown increasingly impatient with the companies that control the giant Simandou deposit.

June 17, 2022

Iron ore price hits six-month low on plunging China steel margins

Chinese steel mills are opting to reduce output amid weak profits and deteriorating demand prospects.

June 16, 2022

Mexico union strikes at ArcelorMittal plant over profit sharing

Union said the company was refusing to share 10% of profits from the 2021 fiscal year among over 3,500 direct employees.

June 15, 2022

Ukraine steelmaker says Russia is taking metal from Mariupol

The alleged thefts would fit a pattern of Russia targeting commodity hubs that provided Ukraine with vital export revenues.