January 20, 2025

Hearing on Nippon Steel’s lawsuit over US Steel bid set for Feb-March

The two steelmakers on Jan. 6 filed the lawsuit against Biden's order blocking Nippon Steel's planned buyout of US Steel.

January 20, 2025

Glencore open to deals as investors brace for more mining M&A

Potential M&As were the main interest for investors in the sector in 2024, but BHP’s failed bid for Anglo cooled deals down.

January 19, 2025

Australia iron ore hub resumes operations after cyclone threat

Port Hedland is the world's largest iron ore export hub.

January 18, 2025

Australia shuts its biggest iron ore port on cyclone threat

Port Hedland handles vast volumes of iron ore from all major miners including BHP Group, Rio Tinto Group, and Fortescue.

January 17, 2025

Rio Tinto and Glencore spoke for months about deal that was once taboo

The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.

January 16, 2025

Rio Tinto and Glencore discussed potential merger

A $160 billion Rio Tinto-Glencore combination makes sense in a copper-centric world, but we've been here before.

January 16, 2025

Rio Tinto, Glencore discussed mining’s biggest-ever potential merger

Combining the two businesses would potentially create a behemoth to leapfrog longstanding industry leader BHP Group.

January 16, 2025

Iron ore price hits four-week high on lower shipments, softer dollar

Rio Tinto reported its lowest annual shipments in two years.

January 16, 2025

Brazil’s Cosan unloads stake in miner Vale

Cosan has unloaded some 173 million shares it owned in the mining giant.

January 15, 2025

Rio Tinto’s iron ore shipments slip, sees global economic resilience

The company shipped 328.6 million tonnes of iron ore from Pilbara in 2024.