September 16, 2021

Russia mulls new extraction tax and higher profit tax for metals firms

Russia's finance ministry proposed setting a mineral extraction tax linked to global prices for producers of iron ore, coking coal and fertilizers.

September 16, 2021

Iron ore price dives 7% on China’s lower steel output data

Mining stocks also slid, with BHP down more than 6% from the previous week, Rio Tinto down 5.3%, and Vale down 7%.

September 16, 2021

Rio Tinto hit with fresh tax bill in Australia

The country's tax authority is asking Rio to pay $277m related to a 2015 borrowing used to pay an intragroup dividend.

September 16, 2021

New database to help mining companies predict behavior of tailings flows

Researches at the University of Waterloo found that catastrophic tailings flows have happened once every two to three years since 1965.

September 15, 2021

Iron ore price plunges on falling steel output

China's monthly crude steel production slipped for the third straight month to 83.24 million tonnes in August.

September 15, 2021

How mining waste can be used for hydrogen fuel production

Researchers at the Queensland University of Technology propose the idea of using feldspars found in mine tailings as part of a potential cheaper catalyst for hydrogen fuel production.

September 14, 2021

BHP’s net-zero targets don’t include its steelmaking customers

The company says it’s working with industry giants including Japan’s JFE Steel and China’s HBIS Group on ways to reduce manufacturers’ carbon footprint.

September 14, 2021

Iron ore price down on fears of regulatory controls

China's southwest Yunnan province asked local producers to restrict output on steel, aluminum and other materials.

September 13, 2021

Robust metals price outlook softens in 2022 – reports

Global mined zinc production will grow at the fastest pace since 2012 in 2021.

September 13, 2021

Iron ore price dives on new steel curbs in China

Steel producing province Yunnan asked local mills to adjust production schedules to ensure its 2021 crude steel output falls.