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.

November 26, 2024

Aluminum, steel most exposed metals to Trump tariffs, Citi says

A 25% tariff as announced by Trump on Monday would likely cause steel prices to rise by $100 to $150 a short ton, the analysts said.

November 25, 2024

Iron ore price rises on firmer steel outlook, but trade tensions cap gains

Lower Chinese steel product inventory driven by robust exports also supported iron ore prices above $100/t.

November 24, 2024

Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI

Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend.