January 21, 2021

Vale and Brazil state do not reach agreement over Brumadinho

Minas Gerais state is requesting $10.3 billion in compensation, a figure that includes relocation and the psychological damage suffered by survivors.

January 20, 2021

Australia’s iron ore export hub starts clearing port ahead of cyclone

The Pilbara Ports Authority has begun clearing large vessels from anchorages at Port Hedland, the world's biggest iron ore loading hub.

January 20, 2021

Fire at Vale iron ore terminal could cut shipments by 32m tonnes – sources

Replacement of shiploader boom could take months and hit Vale's shipping capacity in 2021.

January 20, 2021

China bought most iron ore from Australia, Brazil in 2020, but imports from India up nearly 90%

Almost two-thirds of India's iron ore exports to China had less than 58% iron content.

January 20, 2021

BHP slashes value of Australian coal assets

Company cut the value of its Mt Arthur thermal coal mine in New South Wales by about $1.25bn, as it seeks to sell the asset.

January 19, 2021

BHP raises full-year iron ore output forecast

Company upgraded its full-year iron ore production outlook on sustained China demand and restart of Samarco operations.

January 19, 2021

Rio Tinto CEO urges patience in repairing Indigenous ties as iron ore output grows

Stausholm said he wants to take "a more inclusive approach" with all stakeholders to improve the company's decision-making and performance.

January 19, 2021

Gates, Bezos-backed fund offers $1bn to clean energy start-ups

To be eligible, projects must have potential to cut global emissions by at least 500 million tonnes a year.

January 18, 2021

Iron ore price rallies on record-breaking China steel output

China's steel output crossed the 1 billion tonne mark for the first time.

January 15, 2021

Iron ore price hits fresh 9-and-half year high

Iron ore prices are already up 8% in 2021 after customs data showed Chinese imports hitting a record high of 1.2 billion tonnes.