October 29, 2018

Rio says Chinalco pact for $1B Simandou stake has lapsed

Rio and Chinalco have decided to explore other options to realize value from the project.

October 29, 2018

Japan steel industry group head worried about signs of slowing China economy

The calm before the storm, potentially.

October 29, 2018

China’s Jiangsu Shagang to stop 9 blast furnaces in Nov

The operation halt at two steel mills is expected to reduce pig iron output of 290,000 tonnes and steel products output of about 160,000 tonnes.

October 29, 2018

Spend don’t splurge, investors tell miners as M&A, capex surges

Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013.

October 25, 2018

Vale expects jump in base metal performance in 2020

Brazil's Vale, the world's largest iron ore producer, is seeking out small high-return acquisitions that are related to the miner's current assets.

October 25, 2018

Surging US steel helps iron ore price to 9-month high

Global steel production stays strong in September with Chinese furnaces blasting at near record pace and US output surging 9%.

October 25, 2018

Amazon’s mining treasure at stake as Bolsonaro leads Brazil vote

Jair Bolsonaro is on the cusp of winning Brazil’s presidency, leading the latest polls by double digits, and the mining community is salivating.

October 24, 2018

Australia’s Fortescue Q1 shipments fall 8.6%

The company shipped 40.2 million tonnes in the September quarter, compared with 44 million tonnes a year ago

October 24, 2018

Brazil’s Vale misses 3rd qtr income estimate, revenue rises

Brazil's Vale SA , the world's largest iron ore producer, on Wednesday posted $1.408 billion in third-quarter net income, below the 2.23 billion a year-ago.

October 24, 2018

Steel wheels from China dumped in US market

The commerce department, has instructed US border officials to collect cash deposits at a margin of 231.7 percent