February 20, 2025

World’s biggest miners pinched by iron ore’s China problem

BHP, Rio Tinto, Fortescue, and Vale all posted weaker profits this week.

February 20, 2025

Anglo American and Codelco strike $5B copper deal

They will jointly develop their adjacent Los Bronces and Andina mines, in a bid to boost copper production without major investments.

February 19, 2025

Vale logs loss on Canada impairments, but analysts welcome share buyback, dividends

The firm's quarterly net loss was far below the $1.95 billion profit expected by analysts in a LSEG poll.

February 19, 2025

Rio Tinto CEO goes to Washington to get handle on Trump tariffs

Jakob Stausholm said he would be spending the week meeting with US senators.

February 19, 2025

Rio Tinto recommends London shareholders vote against dual-listing review

Activist investor Palliser Capital and more than 100 other shareholders last year sought a resolution over a review of Rio Tinto's dual-listed model.

February 19, 2025

Fortescue rethinks timeframes for green energy projects, shares drop as profit dips

The company's attributable net profit after tax was $1.55 billion for the six months ended December 31.

February 19, 2025

Mineral Resources sees worst day in 16 years on production woes, higher costs

The company's shares fell as much as 22.1% to A$23.75, the lowest since late July 2020.

February 19, 2025

Aboriginal group seeks $1.1 billion from Western Australia in iron ore claim

The Yindjibarndi Ngurra Aboriginal Corporation says activity at Fortescue's Solomon mining hub has damaged its land and people.

February 19, 2025

Rio Tinto opposes bid to cut London listing, 2024 profit hits five-year low

The world's largest iron ore producer reported underlying earnings of $10.87 billion for 2024, compared with $11.76 billion a year ago.

February 19, 2025

Column: Green steel needs incentives to work and Japan has a plan

Decarbonizing steel production is one of the major challenges of the energy transition.