July 5, 2019

Iron ore price craters 6%

China's powerful iron and steel industry body wants Beijing to "maintain normal market order".

July 4, 2019

ArcelorMittal removes 30 families from area close to dam in Brazil

The move was a precautionary action after it ran a new risk evaluation of a dam close to the mine.

July 4, 2019

Iron ore ‘disconnected from fundamentals’ after huge rally

The commodity’s rally has been so strong it’s triggering warnings that the gains have taken the market beyond fundamental drivers and prices are likely set for a pullback.

July 3, 2019

Brazil mining trade group slams Senate royalty proposals

The Senate panel asked for implementation of a 40% royalty charge on high-yield mines and recommended the indictment of several Vale executives.

July 2, 2019

Vale CFO should face criminal indictment for dam, panel says

Vale’s attempt to reduce costs resulted in heightened tolerance for risks, according to the report.

July 2, 2019

Alcoa’s workers accept offer, ‘exhausted’ from 18-month dispute

Alcoa last week said it expects the smelter to be fully operational within 10 months if the offer was accepted.

July 2, 2019

Australia predicts 50% drop in iron ore price by 2021

Iron ore price sets fresh 5-and-a-half year high Tuesday, but the good times won't last, says the Australian government's chief economist.

June 28, 2019

BHP settles dispute over iron ore royalties with Western Australia in $175m deal

Payment ends row over taxes allegedly owed by iron sales made through BHP’s Singaporean marketing arm.

June 27, 2019

Vale’s stock looks ‘screamingly cheap’ to Rio-based fund

Analysts who met with Vale’s executives earlier this month believe that dividends are likely to be reinstated in 2020.

June 26, 2019

Philippines’ Global Ferronickel sees steel venture operational by 2021

The project will require an initial investment of $20 million, plus $10 million for capital expenditures.