May 13, 2019

Rio Tinto’s iron ore mine expansion gets environmental nod

Approval is subject to conditions, including the protection of national park water resources and endangered ghost bats.

May 13, 2019

Back on the menu: Chinese steel mills regain taste for high-grade iron ore

Prices of 65% iron-content ore for delivery to China hit a five-year-peak of $110.5 a tonne on Thursday, while its premium to benchmark 62% ore widened to five-month highs.

May 12, 2019

Top miners saw positive FY2018

Supported metal prices, debts being slashed, and production efficiency growth were the keys for the good performance.

May 10, 2019

Vale hopes to return to 400 million tonnes annual output in 2-3 years, CFO says

At the same time, CFO Luciano Siani said that quickly restarting production was not the company's top priority after the Brumadinho disaster, for which the company was forced to take…

May 10, 2019

Amazon rainforest is ours and not yours, Brazil tells the world

The comments coincide with government plans to review existing conservation areas amid growing pressure from mining and agriculture lobbies.

May 9, 2019

Vale posts $1.64B loss for quarter marred by deadly dam burst

The company had posted a net profit of $1.59 billion in the year-ago period.

May 9, 2019

China to tighten steel capacity swapping, boost domestic iron ore output

The announcement follows illegal capacity expansions approved by local governments under the cover of capacity swaps.

May 8, 2019

Rio Tinto and Caterpillar to build intelligent mine in Western Australia

Once completed, the mine will have an annual capacity of 43 million tonnes, underpinning output of the Pilbara Blend, Rio Tinto’s flagship iron ore product.

May 7, 2019

ArcelorMittal to cut iron ore output, slash jobs in Bosnia

Output will be reduced by a third to 1 million tonnes and the job cuts will be carried out from September.

May 7, 2019

Iron ore tugged between Brazilian supply shock, Trump’s trade war

Brazil shipped 18.34 million tonnes of iron ore in April, down 17% from the prior month and a massive 29% from the same month a year earlier.