October 1, 2021

Iron flux has funds reviewing Vale bets after $50 billion rout

A handful of Wall Street analysts have also ditched their buy-equivalent recommendations for Vale.

October 1, 2021

Fortescue resumes Solomon Hub operations after worker’s death

The pause on Tuesday partly led to a spike in iron ore prices this week.

September 30, 2021

Mount Gibson to suspend W. Australia iron ore mine as prices fall

Company said it will suspend operations at its Shine iron ore project in Western Australia to wind down expenses.

September 30, 2021

Iron ore price jumps as Fortescue halts Pilbara operations

The world’s no.4 iron ore miner halted operations at its Solomon Hub site after an employee died in a ground collapse.

September 30, 2021

Russia submits proposed mining tax changes to the parliament

The taxes will affect Russian producers of steel, coking coal and fertilisers, as well as mixed ore.

September 29, 2021

Fortescue halts operations at Pilbara site after employee’s death

Operations at Solomon Hub had been suspended pending a full investigation.

September 29, 2021

With miners freed, Vale turns back to rescuing ESG credentials

Sunday’s accident at the Sudbury mine is particularly jarring for a company still trying to reinvent itself as a responsible corporate citizen.

September 29, 2021

Australia will need to wean itself off iron ore export reliance

Prices of iron ore are set to average below $100/t next year, state department says.

September 29, 2021

Iron ore price up despite falling steel demand

Downstream consumption for stainless steel has been constrained in China, especially in Guangdong province.

September 28, 2021

Germany’s TÜV Süd “shirking responsibility” over 2019 Brazil dam burst, court hears

Seven claimants are demanding around half a million euros in damages from the company.