December 12, 2016

Sierra Leone: Chinese steel firm to invest in $700m iron ore processing plant

Chinese steel firm Shandong Iron and Steel Group plans to invest $700m iron ore processing plant at its Tonkolili mine in Sierra Leone.

December 12, 2016

BSGR to file multi-billion lawsuit against Rio over Simandou

BSGR will sue Rio Tinto in the English High Court to recover losses allegedly caused by Rio's actions, which run to several billions of dollars.

December 11, 2016

New WA iron mine to start production in H1 2017

A new iron ore facility in Western Australia expects to start mining in early 2017.

December 9, 2016

Brazil grants operating license to Vale’s massive S11D iron ore mine

Mine is set to start operations by the end of the year, with first shipment set for January 2017.

December 9, 2016

Iron ore soars past $80 a tonne

The steelmaking raw material is up 85% this year, or more than double its December 2015 price.

December 9, 2016

Fresh shake-up at Rio Tinto in aftermath of bribery probe

Russian-Canadian Vera Kirikova will become human resources group executive while Simone Niven will assume the corporate relations group executive post.

December 9, 2016

Moody’s bumps US steel industry outlook to stable

Better outlook comes on the back of rising prices, improving capacity utilization and declining imports.

December 8, 2016

Anglo American about to make key decision on South African assets sale

While the miner is not longer being pressed to include its platinum assets in the divestment plan, the issue of how to package mines and which ones to include, remains…

December 7, 2016

Huge jump in Chinese iron ore, coal imports

At 92 million tonnes November iron ore imports were the third highest on record, while China's coal imports doubled during the month from a year ago.

December 7, 2016

Iron ore price surges to 27-month high

"Iron ore is weird because the inventories are very high in China and it's got to be pure spec flows."