June 15, 2021 Vale, BHP propose $238m DIP financing for Samarco Samarco's debt with Vale and BHP totals 23 billion reais, while bondholders are owed the equivalent of 26 billion reais.
June 15, 2021 Iron ore price up as Western Australia calls for reset on China ties Australia's biggest exporting state on Tuesday urged Canberra to stop antagonizing China, the country's top trade partner.
June 14, 2021 Iron ore price up after mine closures in Brazil and China Vale is considering the use of remote-controlled trains near the Xingu dam for the flow of its production.
June 14, 2021 Vale mulls remote-controlled trains to work around risky dam in Brazil It would take around 60 days for Vale to implement the solution, according to a person familiar with the plan.
June 14, 2021 Tanzania to add gold to reserves, resume $3 billion iron project The government wants to raise the contribution of mining to Tanzania’s gross domestic product to 10% by 2025 from the current 6.7%.
June 13, 2021 The race to green steel is on — will the US take on the challenge? A forthcoming industrial disruption is inevitable for the US and global steel sector.
June 11, 2021 Iron ore price correction delayed as global steel demand tops 2bn tonnes for first time ever New report says China’s green push means end of cheap exports, deflating steel prices in rest of the world supporting iron ore prices.
June 11, 2021 Iron ore prices firm up above $200 a tonne Chinese port stocks drop to four month low while Brazilian exports remain far off guidance.
June 10, 2021 Samarco offers creditors shares or 85% haircut – sources The collapse of a dam at the Samarco mine complex in 2015 killed 19 people and severely polluted the Doce River with mining waste.
June 10, 2021 Vale ordered to pay $26 million to families of Brumadinho victims The disaster killed 270 people but the court action only benefits the families of 131 workers directly hired by Vale.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
