November 18, 2024

Nippon Steel not to import from overseas mills in bid to save US Steel deal

Nippon is looking to close its $14.9 billion deal for US Steel by the end of the year.

November 18, 2024

Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes

Analysts say near-term demand for iron ore remain strong, supporting prices.

November 18, 2024

Australia’s national investment fund makes first bet on mining

Australia’s National Reconstruction Fund will invest $26 million to boost mining equipment manufacturing in the state of Queensland.

November 15, 2024

US House of Representatives approves 2024 Critical Mineral Consistency Act

The bill modifies the Energy Act of 2020 to expand the definition of critical minerals.

November 14, 2024

Brazilian court clears BHP, Vale and Samarco of charges in 2015 dam disaster

A court in Belo Horizonte ruled that state prosecutors failed to prove that "individual actions" directly contributed to the collapse of the dam.

November 14, 2024

Iron ore price hits 3-week low on firmer supply, softer steel outlook

China unveiled tax incentives on home and land transactions on Wednesday, aiming to support its crisis-hit property market.

November 14, 2024

Australia may lose $45 billion amid green steel rush, report says

Australia accounts for 56% of seaborne iron ore trade.

November 14, 2024

Deep sea mining risks over $560 billion in countries’ annual export earnings — report

Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker.

November 13, 2024

South African labour union to strike at ArcelorMittal over job cuts

Africa's biggest steel producer was rocked by a two-week wage strike in May 2022.

November 13, 2024

Brazil’s CSN posts $131 million net loss in Q3

The steelmaker attributed its lower core earnings to factors beyond its control, citing international prices.