June 24, 2025

Rio Tinto, Hancock Prospecting to develop $1.6B Hope Downs 2 project

The project will have a combined total annual production capacity of 31 million metric tons.

June 20, 2025

ArcelorMittal signs deal to sell steel mill and iron ore mine in Bosnia

The completion of the deal is planned for the third quarter of 2025.

June 20, 2025

Column: China’s iron ore imports rise even as steel struggles

China, which buys about 75% of global seaborne iron ore, is expected to import almost 110 million metric tons of the key steel raw material.

June 19, 2025

Xi’s giant iron ore trader is shaking up a $130 billion market

China Mineral Resources Group is transforming a market that has been a thorn in the side of Chinese leaders for 15 years.

June 19, 2025

Canada could slap more duties on US steel and aluminum, says Carney

Canada will soon adopt tariff measures to address risks associated with persistent global overcapacity and unfair trade in steel and aluminum.

June 19, 2025

ArcelorMittal in talks over sale of Bosnia steel mill and iron ore mine

The Zenica steel mill reported losses of 276.3 million Bosnian marka ($162.6 million) in 2023 and 2024.

June 18, 2025

Future low-carbon materials projects need $1.6 trillion in funding, report says

In the metals sector, steel needs 90 projects to be financed by 2030 to meet net-zero goals, while aluminum needs 165.

June 18, 2025

Nippon Steel completes $14.9B US Steel takeover

The deal grants US government veto powers in rare foreign acquisition arrangement.

June 16, 2025

Algeria opens door to larger foreign role in mining projects

Algeria’s parliament approved legislation allowing foreign companies to own as much of 80% of mining projects.

June 13, 2025

US Court extends pause in Nippon Steel case

The parties until next Friday to provide updates related to the case over the Japanese steelmaker's $14.9 billion bid for US Steel.