May 24, 2017 CEO sees little chance of Samarco restart in 2017 30m tonnes per year operation jointly owned by BHP and Vale shuttered since November 2015 following dam burst.
May 23, 2017 Blow to iron ore price as Chinese steelmakers opt for scrap Chinese furnaces make the most of slump in domestic prices to double scrap charge rates which could displace as much as 70 million tonnes of iron ore.
May 22, 2017 Rio Tinto launches new debt reduction programme The company said that today’s announcement is part of its ongoing capital management plan.
May 19, 2017 BSGR may have to pay $1.2bn for no show at Simandou-related hearing The company, which could lose the arbitration as a result, will have to pay the amount to former partner Vale.
May 18, 2017 Rio Tinto says it wants to help Australian small businesses The change will apply to more than 5,500 Australian suppliers under $1 million of expenditure.
May 18, 2017 China’s building a mega city from scratch – it’s going to suck in lots of steel, copper Forget One Belt, One Road, the impact of Xiongan New Area on copper, iron ore and aluminum prices will be felt much earlier says new report.
May 16, 2017 BHP’s Mackenzie, Elliot Management face off US activist investor steps up pressure on BHP to ditch petroleum. Mackenzie says company already knows what to do to lift value by 50% and double return on capital.
May 15, 2017 Chinalco wants to be sole owner of world’s largest iron ore deposit Move comes barely seven months after Rio Tinto agreed to sell it its stake in Simandou for up to $1.3 billion.
May 15, 2017 BHP ditching ‘Billiton’ in $10 million rebranding move Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.
May 12, 2017 World steel production to flatline for two decades Strong growth this year won't last says World Steel Organization.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
