January 17, 2022

Iron ore price slides as China’s economy slows

The drop came despite a surprise easing of monetary policy by the Chinese central bank.

January 17, 2022

BHP to introduce electric trains at Pilbara mines

The four locomotives, scheduled for delivery in late 2023, will be supplied by Progress Rail, a unit of Caterpillar, and Wabtec Corp.

January 17, 2022

Vale, other Brazil miners ramp up production as rains subside

The weather-triggered stoppages affected production of about 1.5 million tonnes of iron ore.

January 14, 2022

Iron ore price down on demand uncertainties

China’s iron ore imports dropped in 2021, down 4.3% from the previous year’s record annual high, as steel production curbs dented demand.

January 13, 2022

China 2021 iron ore imports retreat from record on steel curbs

Steel production curbs imposed to combat pollution dented demand and pulled prices of the key steelmaking material off historical highs.

January 13, 2022

Rio Tinto, satellite startup launch early partnership

Rio Tinto has entered an early-adoption partnership with Pixxel, whose satellite imagery could help the miner monitor active and closed mine sites, track ESG indicators, and advance mineral exploration.

January 12, 2022

POSCO, Adani eye steel mill project in $5bn pact

The pact to explore business opportunities, under which both will invest about $5 billion, covers industries such as renewable energy, hydrogen, and logistics.

January 12, 2022

Nigeria woos Barrick and Rio Tinto to spur nascent mining industry

Barrick, the world’s second biggest gold miner, is among the firms said to be interested in coming to Nigeria.

January 12, 2022

Iron ore price rises as heavy rains force miners to halt operations in Brazil

Heavy rains disrupted southeastern Brazil’s iron ore industry, with Vale among companies halting operations and regulators sent to monitor the impact on tailings dams.

January 11, 2022

Brazilian deluge halts giant iron ore mines, triggers dam concerns

Heavy rainfall is disrupting southeastern Brazil’s giant iron ore industry, regulators dispatched to monitor any impact on tailings dams.