July 12, 2021

Vale says value of Samarco settlement not open to renegotiation

The lead prosecutor had declined to say how much more they were looking for, but referenced a benchmark of 155 billion reais.

July 12, 2021

Iron ore price up despite high China ferrous scrap imports

China's recycled steel imports hit 114,741 million tonnes in May, more than 28 times the volume seen in January when the country lifted import restrictions on ferrous scrap.

July 12, 2021

Europe’s climate masterplan aims to slash emissions within a decade

If approved, plan would put the bloc on track to meet its 2030 goal of reducing planet-warming emissions by 55% from 1990 levels.

July 9, 2021

Iron ore price drops on steel output control worries

Benchmark iron ore futures in China tumbled on Friday and logged their fourth straight weekly fall.

July 8, 2021

Iron ore price retreats as steel production cuts spark demand concerns

A major steel producer in eastern China had been urged to idle its blast furnaces after a central government inspection, according to Reuters.

July 8, 2021

Rio Tinto, POSCO join forces to cut steel sector emissions

Partnership will explore a range of technologies for decarbonization across the value chain from iron ore mining to steelmaking.

July 7, 2021

Australia’s Minerals Council sets down code to stamp out sexual harassment

Australia's top mining industry body on Wednesday set out a code for its members to eliminate sexual harassment, after several incidents in Western Australia state renewed focus on the issue.

July 6, 2021

Iron ore price up as China steel futures rise

"Considering spot prices are supported by costs, steel will remain fluctuating at high levels," GF Futures said.

July 6, 2021

Iconic South African mines ravaged economy’s unlikely savior

Surging demand and prices for commodities including platinum-group metals, iron ore, manganese and coal are generating record mining-company profits and bolstering government revenue.

July 6, 2021

Fortescue produces first green iron ore, part of carbon neutrality goal

The company has produced both green iron and green cement in trials that are part of its goal to be a top player in the renewable energy market.