November 21, 2024

Brazil’s Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit

The transaction is expected to close in early 2025.

November 21, 2024

Beleaguered Ellison faces MinRes shareholders

The board of under-siege Mineral Resources faced grilling in Perth over a governance scandal, amid unexpected expressions of support.

November 19, 2024

Iron ore price at one-week high on softer dollar, pre-holiday stocking

Underpinning prices is some mills kicking off buying seaborne cargoes to meet their production needs over the week-long Chinese New Year holiday break in January.

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.