February 12, 2019

Inside the global iron ore crisis: What’s next in four charts

Iron ore’s dramatic rally will raise costs for steelmakers, potentially crimping their profit margins, unless they are able to pass on the additional burden to customers.

February 12, 2019

Iron ore futures tumble in Singapore as Vale-driven rally frays

Vale has flagged production cuts of as much as 70 million tons in the wake of the deadly dam breach, spurring worries about a substantial loss of seaborne supply.

February 11, 2019

Brazil miner Vale knew deadly dam had heightened risk of collapse

We used to say these kinds of mining incidents were acts of God, but now ... we consider them failures in engineering.

February 11, 2019

China iron ore rises to record on concerns over Brazilian supply

China iron ore futures rose to a record on Monday, the first session after a week-long national holiday, on concerns that supply from Brazil, the country's second-largest ore supplier, may…

February 10, 2019

Minerals Council of Australia calls for tax, workplace law reform

According to the industry group, such reform would encourage additional investment in capital and technology.

February 10, 2019

Half of the world’s biggest miners do not keep track of their tailings risk management measures -report

The Responsible Mining Foundation says many of the world’s largest mining companies are not able to ‘know and show’ how effectively they are addressing the risks of tailings dam failure…

February 8, 2019

Goldman and its biggest critic agree on iron ore, finally…

In the near term, the significant disruption to Brazilian supply will likely keep iron ore prices elevated and volatile.

February 8, 2019

US Steel wins tax breaks from one of America’s poorest cities

"The 50% tax cut for U.S. Steel to stay in Gary is not going to cause a population growth and employment opportunities."

February 8, 2019

India’s Tata Steel Q3 standalone profit soars on robust production

Analysts have said that due to pressure on steel prices, the third quarter could be the last good quarter for steelmakers before a long period of muted growth.

February 8, 2019

Iron ore powers to highest since 2014 as Vale crisis intensifies

This week’s drama has played out as the most important iron ore user has been offline, with Chinese markets closed for Lunar New Year.