May 20, 2022 Iron ore price up as Chinese banks cut interest rate Chinese banks cut a key interest rate for long-term loans by a record amount on Friday.
May 20, 2022 BHP still sees room to negotiate with Samarco’s creditors Samarco became unable to pay its $10.2 billion debt after its waste dam collapsed in 2015, killing 19 people.
May 20, 2022 Sinosteel signs $680m iron ore mine deal with Cameroon Company will develop the Lobe iron ore mine in the central African nation.
May 18, 2022 Samarco’s financial creditors plan to take over the company Vale and BHP are expected to ask the court for the right to vote on the plan. If not allowed, the creditors' plan could be easily approved.
May 17, 2022 Forrest back at Fortescue helm to speed clean energy push Andrew Forrest will become executive chairman of a combined Fortescue Group and also lead the metals business for an interim period.
May 17, 2022 Champion Iron acquires pellet plant in Quebec, partners with international steelmaker on FS According to Champion, the pellet plant could provide the company with a relatively rapid opportunity for commercial production.
May 17, 2022 Iron ore price up on supply woes, easing China covid curbs Shanghai set out plans on Monday for the return of more normal life from June 1.
May 17, 2022 China, US are racing to make billions from mining the moon’s minerals Unlike in the era of Sputnik and Apollo, the world’s top superpowers can’t even agree on basic principles to govern the next generation of space activity.
May 16, 2022 Steel industry emissions to decline 30% by 2050 — report Steel is a challenging sector to decarbonise. However, evolving green steel goals are altering the supply landscape and steelmakers are under pressure from stakeholders.
May 16, 2022 Review board rejects Baffinland expansion plans in Nunavut Federal northern affairs minister, has 90 days to either side with the review board or Baffinland Iron Mines.
Iron ore logs annual gain in a dramatic recovery fuelled by steel exports Prices of the key steelmaking ingredient had come under pressure earlier this year on expectations of a supply glut and forecasts of faltering demand in China. December 31, 2025 | 09:27 am