December 23, 2024

President Biden to decide fate of Nippon Steel’s $15bn bid for US Steel

CFIUS said on Monday that allowing Nippon Steel to take over US Steel could result in lower domestic steel production.

December 22, 2024

China’s 2025 steel demand to fall 1.5% on year, state research institute says

China's steel consumption in 2024 and 2025 is forecast at 863 million metric tons and 850 million tons, respectively.

December 20, 2024

Iron ore price weakens as Australia flags return to sub-$100 prices

Futures dropped for a fourth day in Singapore, to trade about 3% lower for the week.

December 20, 2024

Lure of Anglo’s copper mines could test BHP’s spending resolve

BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline.

December 19, 2024

Column: Where will Trump and China drive commodities in 2025?

With no predictable mold for how this will work, the only certainties will likely be volatility and numerous factors working in opposing directions.

December 19, 2024

Activist Palliser pushes Rio Tinto to review dual listing

Palliser Capital claims Rio Tinto's current dual-listed structure has deprived investors of $50 billion in value.

December 18, 2024

Nippon Steel, Sojitz to take 49% stake in Champion Iron’s project in Canada

The Kami project will also receive up to A$490 million in contributions from Nippon and Sojitz.

December 17, 2024

BHP sees rising uncertainty for miners on trade as Trump returns

Mining companies across the globe have been spooked by Trump’s plans to slap tariffs.

December 17, 2024

Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant

Project could help reduce emissions by up to 80% if renewables and green hydrogen are used, the companies said.

December 16, 2024

BHP resumes South Flank iron ore operations after short pause

The mine was briefly closed due to heavy rains in the Pilbara region.