November 28, 2019 Rio spending $4 billion on iron ore pipeline amid China demand Rio forecasts its iron ore shipments to rise as much as 5% in 2020.
November 27, 2019 Iron ore price: World steel production shrinking US output declines as steelmakers cope with 40% annual decline in prices as anti-dumping effects fade.
November 27, 2019 BHP’s Henry signals new technology a focus in first speech Henry said a BHP team had built an Internet of Things sensor gateway, which collects real time data from sensors on mobile and fixed equipment.
November 26, 2019 Rio Tinto invests $749 million in Pilbara iron ore mine The company said the project is expected to deliver internal rate of return with a capital intensity of about $25 per tonne of production capacity.
November 26, 2019 Vale sees $1.6 billion impairment charge for Q4 in New Caledonia write down Vale said its annual assets review of its base metals and coal business is still underway and further impairments charges that would also impact fiscal year 2019 cannot be ruled…
November 21, 2019 Vale returns looking for low-cost debt after Brumadinho tragedy Vale is on course to end 2019 with roughly $18 billion in adjusted Ebitda.
November 21, 2019 ‘I love you’ Goldman Sachs, Cliffs CEO says year after outburst A year after Lourenco Goncalves raged against analysts from Goldman Sachs, the Cleveland-Cliffs Inc. chief’s acrimony has reversed 180 degrees.
November 19, 2019 SEC opens preliminary probe of Vale over dam tragedy The US regulator decided to proceed with the probe of the company last week after a meeting with Brazilian prosecutors.
November 18, 2019 Deforestation in Brazil’s Amazon hits “highest level in a decade” Areas where trees have been removed soared 29.5% to 9,762 square km in the year to July 30, 2019 at a pace equivalent to about two soccer fields a minute…
November 15, 2019 Russian steel giant MMK to spend $600 million on environmental projects The news comes only a week after Russia ditched plans to set greenhouse-gas emissions targets.
Codelco, SQM kick off lithium tie-up with board meeting The NovaAndino Litio company was established after an agreement signed in May 2024 and valid until 2060. December 29, 2025 | 07:59 am