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.

December 16, 2024

Samarco to invest more than $1 billion to resume full capacity

Samarco expects to produce 15 million tons of iron ore pellets in 2025, returning to a top 3 ranking for global exporters of the steelmaking ingredient.

December 16, 2024

Iron ore price rebounds as China stimulus hopes outweigh weak fundamentals

A raft of industrial data that remained relatively weak kept alive calls for Beijing to ramp up consumer-focused stimulus.

December 15, 2024

Weaker growth and mining slowdown pressuring Australia, Treasurer says

Earnings from iron ore, Australia’s major export, are forecast to decline on waning prices that have dropped about a quarter this year.

December 15, 2024

US foreign investment panel split on Nippon-US Steel deal

CFIUS has until Dec. 22 to make a decision on whether to approve, block or extend the timeline for the deal's review.

December 13, 2024

BHP seeks Brazil growth to emerge from shadow of mining disaster

BHP is assessing the future of copper mines inherited from OZ Minerals in northern Brazil’s Carajás region.

December 13, 2024

Iron ore posts weekly gain as investors assess fresh Beijing stimulus

Beijing pledged on Thursday to increase its budget deficit, issue more debt and loosen monetary policy.