February 22, 2022

Vale seeks more time to remove upstream tailing dams

The Brazilian miner told regulatory bodies it was "technically impossible" for it to meet Minas Gerais' current Feb. 25 deadline.

February 21, 2022

China’s demand for metals has wavered as inventories pile up

Copper held in warehouses tracked by the Shanghai Futures Exchange surged 28% last week and have more than quadrupled this year.

February 21, 2022

China plans state-backed platform to buy iron ore

Beijing wants all purchases of the steelmaking material conducted through a single state-backed platform that’s under preparation, according to Bloomberg sources.

February 18, 2022

China to boost commodity price supervision in push for industrial growth

China's state planner will take steps to stabilise the commodity market and hasten construction of new infrastructure, it said on Friday.

February 17, 2022

BHP’s iron ore profits show why Beijing wants to talk the price down

If an average price of $130 a tonne is assumed for the first half of 2022, it implies that BHP is making $50 a tonne more than what Beijing might…

February 15, 2022

Fortescue Metals first-half profit drops 32% as costs weigh

The miner posted an underlying net profit of $2.78 billion, compared with $4.08 billion a year earlier.

February 15, 2022

Chart: Bulk commodities most affected by Russia-Ukraine conflict

Woodmac flags growing commodity supply chain inefficiencies as Russia-Ukraine geopolitical tensions simmer.

February 15, 2022

Iron ore price plummets 9% as China warns traders to avoid fake pricing

Several iron ore companies were reportedly called to a meeting with the economy’s top planning body in Beijing.

February 14, 2022

BHP first-half profits beat estimates and triggers talk of M&A

The world's no.1 miner had a busy six months marked by sweeping changes, including selling its $13 billion petroleum business and a listing unification, while managing pandemic-related disruptions to its…

February 14, 2022

Vale backs out of $1.2 billion bribery trial against Beny Steinmetz

The mining giant backed out after its lawyer told the High Court on Monday that its claim was brought out of time.