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.

May 7, 2019

BHP hit by $5 billion lawsuit over 2015 dam failure in Brazil

The group action suit describes in detail a series of failures and errors of judgment over several years leading to the collapse of the Fundão tailings dam in 2015, owned…

May 6, 2019

Vale says court halts Brucutu iron mining operations

World's top iron ore miner guides down production again for 2019 after earlier decision is reversed.

May 2, 2019

Brazil’s Vale asks court for inspection firm documents on burst dam

Vale argues that if the German inspection firm TÜV SÜD had not fulfilled its contract it could be held responsible.

May 1, 2019

Australia iron ore exports rebound in April, but not enough

Australian exports were about 69.1 million tonnes in April, up 20% from 57.5 million tonnes in March.

May 1, 2019

GFG to spend up to A$100m on Australian copper, iron ore developer

GFG is building up a South Australian franchise to its global steel and energy business.