Iron Ore Top Stories

Anglo’s sale of De Beers hindered by diamond market state

Anglo American has warned of more production cuts at De Beers due to reduced spending by Chinese consumers prolonging the market downturn.

Cecilia Jamasmie | July 18, 2024 | 4:33 am

Iron ore majors ramp up supply even as China faces challenges

Iron ore is one of the year’s worst performing major…

Bloomberg News | July 17, 2024 | 10:31 am

Iron ore price slumps to 3-week low on weak China demand, strong global supply

Property investment in China fell 10.1% in the first half…

Reuters | July 17, 2024 | 7:31 am

Fortescue cuts 700 jobs, slows down green hydrogen plans

Fortescue is revising plans to become a major green hydrogen…

Cecilia Jamasmie | July 17, 2024 | 6:09 am

Rio Tinto names Shell’s Katie Jackson as new copper chief

Jackson, who is the current president of National Grid Ventures,…

Cecilia Jamasmie | July 17, 2024 | 3:33 am

Mining vs AI: What’s wrong with this picture?

As the saying from mid-19th century California goes, during a gold rush the easiest way to get rich is selling shovels and picks.

Frik Els | July 10, 2024 | 6:15 pm

Mexican miners reject ‘favorable’ deal with Acerlormittal, govt says

The deal would have put an end to a work stoppage that started at the end of May.

Reuters | July 10, 2024 | 10:16 am

Iron ore’s $100 price floor at risk of collapse from jump in supply

A wave of cheap supply starts to build in West Africa.

Bloomberg News | July 10, 2024 | 8:26 am

Mining’s top 50 companies: two more lithium stocks drop out

The world’s 50 biggest miners gained a combined $42 billion during Q2, but the ranks of lithium stocks in the top tier have halved as valuations plummet.

Frik Els | July 9, 2024 | 5:47 pm

China’s Plenum promises cues for commodity bulls and bears

There’s a view that China is likely to provide more support for its economic recovery.

Bloomberg News | July 9, 2024 | 9:55 am

Consultancy recommends Vale 15 candidates for CEO position

Among those suggested for Vale's top job are the heads of big Brazilian firms, local newspaper O Globo said.

Reuters | July 9, 2024 | 8:43 am

Britain prioritizing jobs in Tata Steel talks, minister says

Britain's biggest steel producer started closing one of its carbon-intensive blast furnaces on Thursday.

Reuters | July 7, 2024 | 8:04 am

Iron ore price slumps from one-month high as demand concerns persist

Although all major Chinese cities have rolled out measures to tackle a prolonged housing crisis, concerns remain about a sustainable recovery.

Bloomberg News | July 5, 2024 | 7:23 am

Brazil’s Lula will ‘demand’ compensation for Mariana and Brumadinho

The Brazilian President is expected to meet with Vale executives next week.

Staff Writer | July 4, 2024 | 9:15 am

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