Iron Ore Top Stories

Kumba Iron Ore sees new South Africa government open to rail reform

The Anglo subsidiary was already working with the previous administration on ways to improve the crucial infrastructure.

Bloomberg News | July 23, 2024 | 9:01 am

Iron ore price buckles below $100 as China’s Plenum fails to inspire

The steelmaking material slid as much as 3.5% to touch…

Bloomberg News | July 23, 2024 | 7:59 am

Nippon Steel to dissolve JV with China’s Baoshan after 20 years

The joint venture was producing and selling cold-rolled steel sheets…

Reuters | July 23, 2024 | 7:06 am

Vale Metals appoints mining veteran Shaun Usmar as CEO

Usmar has more than 30 years of industry experience, with…

Cecilia Jamasmie | July 23, 2024 | 3:49 am

Earth’s largest iron ore deposits are a billion years younger than believed, research reveals

Researchers found the Hamersley deposits in Western Australia formed between…

Staff Writer | July 22, 2024 | 3:58 pm

Fortescue cuts 700 jobs, slows down green hydrogen plans

Fortescue is revising plans to become a major green hydrogen producer, citing high energy costs as the main reason for restructuring and layoffs.

Cecilia Jamasmie | July 17, 2024 | 6:09 am

Rio Tinto names Shell’s Katie Jackson as new copper chief

Jackson, who is the current president of National Grid Ventures, an energy group, joins Rio Tinto on September 1.

Cecilia Jamasmie | July 17, 2024 | 3:33 am

Rinehart’s Hancock weighs $3.3 billion iron ore mine project

Hancock acquired a 51% interest in the Mt Bevan project from Legacy Iron Ore Ltd. and Hawthorn Resources.

Bloomberg News | July 16, 2024 | 3:59 pm

BHP posts second straight year of record iron ore production, beats estimates

The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30.

Reuters | July 16, 2024 | 3:41 pm

Vale sees iron ore output at high-end of 2024 guidance after Q2 rise

The company reported output of 80.6 million metric tons for the steel-making ingredient in the three-month period ended in June.

Reuters | July 16, 2024 | 3:08 pm

Vale board members in a ‘state of war’ over CEO succession — report

Last week, consulting firm Russell Reynolds delivered a list of 15 potential successors for Eduardo Bartolomeo.

Staff Writer | July 16, 2024 | 9:36 am

Rio Tinto ready to build Simandou after almost 30 years of setbacks

Simandou has faced delays due to legal disputes, political changes, and the challenges of building out 600 km rail and port infrastructure.

Cecilia Jamasmie | July 16, 2024 | 3:54 am

Rio Tinto’s Q2 iron ore shipments miss after May train derailment

The world's largest producer of iron ore shipped 80.3 million tons of the steel-making commodity in the quarter.

Reuters | July 15, 2024 | 3:32 pm

Ontario First Nation seeks mining claims ban, for now at least

There are some 10,000 mining claims in Grassy Narrows’s interim area of interest for over more than 2,850 sq. km in the province’s far northwest.

Colin McClelland - The Northern Miner | July 15, 2024 | 12:06 pm

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