December 4, 2024

Iron ore price gains as China stimulus hopes outweigh worries of escalating trade tensions

Hopes of more fiscal stimulus from the upcoming Central Economic Work Conference in China helped prices.

December 4, 2024

Rio Tinto unveils lithium resource at Rincon project

It would produce 53,000 tonnes of battery-grade lithium carbonate annually over a 40-year mine life, with plans to expand to 60,000 tpy.

December 3, 2024

Vale sees China steel production declining, other regions to grow

The company said it will adjust its distribution network to answer to the geographical changes on global steel production.

December 3, 2024

Fortescue awarded A$10 million to support development of 6MW truck chargers

According to the company, the new chargers are capable of charging 240-tonne battery electric trucks in just under 30 minutes.

December 3, 2024

Steel industry will take more time to decarbonize, says Vale CEO

The miner reported an output of about 328 million tonnes this year.

December 3, 2024

Trump reiterates opposition to Nippon Steel’s takeover of US Steel

Nippon Steel hopes to close the deal before Trump retakes the White House on January 20.

November 29, 2024

Column: US targets scrap to close the critical minerals gap

As the US government is discovering, investing in new scrap processing capacity is far cheaper and greener than building new mines.

November 28, 2024

ArcelorMittal blames EU policy gaps for green plans delay

The world’s second-largest steelmaker said further steps are contingent on favourable policy, technological progress, and market conditions.

November 27, 2024

Mining CEO salaries rise, but gender diversity remains elusive, report finds

Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, the report says.

November 27, 2024

Iron ore price advances as China’s stronger steel production outweighs its soft data

Demand remains soft in the crisis-hit economy, with consumer prices at a four-month low.