January 27, 2022

Iron ore price rallies on Australia supply fears, China demand hopes

Potential disruptions are still just that, with actual export volumes holding up, writes Clyde Russell.

January 27, 2022

How Latin America wastes billions of dollars worth of valuable metals

E-waste generated in Latin America in 2019 contained valuable metals representing a total value of roughly $1.7 billion of secondary raw materials.

January 26, 2022

Vale accuses Steinmetz of ‘elaborate’ fraud in Simandou deal

More than a decade after Vale agreed to pay Steinmetz $2.5 billion for a chunk of the world’s biggest iron-ore deposit, the pair are about to lock horns in a…

January 26, 2022

Rising copper prices boost Freeport-McMoRan profit

Prices of copper, considered to be an economic bellwether, rose by a quarter last year and are expected to continue their positive momentum in 2022 due to the metal's central…

January 25, 2022

Iron ore price jumps as Fortescue, BHP and Rio Tinto face labour shortage

Mining stocks slid, with Fortescue down more than 4% from the previous week

January 25, 2022

UK local govt pension scheme “dismayed” at lack of action over Brazil dam collapses

Vale said last week it expected to spend $1.64 billion in 2022 on reparations related to the Brumadinho dam burst.

January 24, 2022

2022 – a year of rebalancing for metals and mining

“The most likely outcome is an environment where commodity prices can settle from the extraordinary highs of 2021. But there are plenty of risks to this outlook," says Wood Mackenzie.

January 24, 2022

Fortescue reports rise in shipments but flags labour shortage

The world's fourth-largest iron ore miner said it shipped 47.5mt of the steel-making commodity in the December quarter.

January 23, 2022

Fortescue to buy Williams Advanced Engineering for $222m

Fortescue Future Industries and WAE will work together to decarbonise Fortescue.

January 21, 2022

Vale expects to pay $1.65 billion in Brumadinho reparations in 2022

The amount does not include the figure the company will spend on individual compensations, which are being negotiated.