June 20, 2019 Brazil’s President hands indigenous land decisions back to farm sector The temporary decree effectively removes any involvement of the National Indigenous Affairs agency (FUNAI) in reserves demarcation.
June 19, 2019 Australian hedge fund bags 74% gain on millennials and iron “One of the things we really like in the mining sector at the moment is that large companies like Fortescue are returning cash to shareholders, and not investing in new…
June 19, 2019 Rio Tinto axes iron ore full-year forecast again It now expects to produce between 320 and 330 million tonnes of the steel making ingredient in 2019, down from a previous guidance of 333 to 343 million tonnes.
June 19, 2019 Vale to fully resume Brucutu iron ore operations after court ruling Wet processing at Brucutu was suspended in early February at the request of local prosecutors following the tailings dam disaster at Brumadinho, which left 243 dead.
June 19, 2019 Vietnam to impose anti-dumping tax on Chinese steel products The anti-dumping tax on some colour coated steel products from China will be 3.45%-34.27%, effective from Tuesday.
June 18, 2019 Vale mulls new railway, port for Carajas expansion The new railway would stretch for 400 kilometers (248.5 miles) from the current Carajas railroad to Vila do Conde port.
June 18, 2019 Dalian iron ore rebounds; Tangshan move stokes demand worries China’s iron ore futures clawed back on Tuesday, after a brief dip in early trade, despite mounting concerns over waning demand at mills.
June 17, 2019 China iron ore retreats as Vale looks to rebuild capacity Top iron ore miner Vale SA expects to soon restore 20 million tonnes of yearly capacity at its Brucutu mine in Brazil, according to analysts.
June 17, 2019 Rio Tinto rolls out ‘world’s biggest robot’ in Pilbara The A$1.37 billion ($940m) autonomous train fleet will transport iron ore from 16 mines to ports in Dampier and Cape Lambert.
June 14, 2019 Iron ore price at fresh 5-year high News that Vale may be restarting full production at its 30m tonnes per year Brucutu mine sooner than expected did not stop […]
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