December 8, 2017 Vale aims to halve debt to $10bn by 2019 The company also said is ready to shut Caledonia mine mid-next year if it has not found a strategic partner ready to buy a 20 to 40% stake in the…
December 7, 2017 Chinese iron ore and coke futures dive on steel demand concerns Chinese coke and iron ore futures fell further in trading Thursday, amid growing concerns that steel demand in world's top producer will decline for winter.
December 7, 2017 Biggest iron ore miner threatens to flood market if prices surge Brazil's Vale is prepared to unleash as much as 50 million metric tons of spare capacity to balance the market if prices get too high.
December 7, 2017 Minerals Council of Australia launches project to boost sector The Minerals Council of Australia is launching a research project to identify opportunities for Australia to boost mining and mining services exports and outward mining investment in Asia.
December 6, 2017 Vale sees 2018 iron ore prices not much lower than this year Fabio Schvartsman also said the company would do everything to resume operations as soon as possible at the Samarco mine.
December 6, 2017 Vale expects to sell up to $1.5 bln in non-core assets through 2020 The Brazilian miner revealed these expectations in a presentation to investors in New York on Wednesday.
December 4, 2017 Iron ore enters bull market as China’s curbs supercharge steel Spot ore with 62 percent iron content jumped 3.7 percent to $72.68 a metric ton, the highest since September 14, according to Metal Bulletin Ltd.
December 4, 2017 Rio Tinto aims for “intelligent” Australian iron ore mine This intelligent mine would cost around $2.2 billion to develop and incorporate technologies such as robotics, driverless trains and trucks on a single site.
December 4, 2017 Rio Tinto appoints one of its own as the company’s new chairman After a nine-month search, the miner has picked the current leader of the remuneration committee, Simon Thompson, to assume the post in March 2018.
December 1, 2017 Brazil new mining regulations pose short-term downside risks: Analysts Could the lack of a broader mining code overhaul weigh on investor sentiment over the coming months?
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
