December 19, 2018 Rio Tinto, China Baowu in talks to extend Pilbara iron ore JV The miner and one of the world's top steelmakers, have agreed to negotiate a possible extension to their iron-ore joint venture in Australia.
December 18, 2018 Australia federal court narrows BHP’s suits over Samarco disaster BHP said it expected to record a charge of $650 million in its fiscal 2018 results on account of the failure but the charge was at the lower end of…
December 18, 2018 Nigeria’s first gold refinery plans to triple capacity in five years Most ore will be sourced locally from various locations including the northwestern states of Zamfara, Kebbi and Kaduna, as well as the central states of Kwara and Niger.
December 17, 2018 China’s HBIS to invest in $4.4B steel project in Philippines The Philippine Iron and Steel Project will be the country's first integrated steel complex and represents the biggest industrial investment from China.
December 12, 2018 Vale buys innovator New Steel for $500m Vale has focused on sales of better quality iron ore, mostly from its S11D project in Pará state, as demand for the cleaner and less polluting product rises in China,…
December 11, 2018 UAE’s Emirates Steel refinances $650 million of debt with new loan, sukuk – sources The company hired BNP Paribas to coordinate a $400 million sharia-compliant loan financing.
December 11, 2018 ArcelorMittal urges extended, reformed EU caps on steel imports It is "absolutely critical" that Europe protect itself with measures to restrict imports of steel and remedy weaknesses in its existing system.
December 11, 2018 Anglo ending 2018 on high note, predicts higher output, lower costs The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.
December 9, 2018 China’s copper, iron ore imports slump as economic growth slows Often cited as a market indicator for economic health, the metal has been under pressure since the summer, threatening to unwind a three-year rally.
December 6, 2018 Vale says recent dip in global steel prices is temporary Global capacity utilisation in the steel sector has risen to 76% this year from 73% last year, indicating excess capacity in the sector is shrinking.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
