October 28, 2024

Vale, Jinnan invest $627m in iron ore plant in Oman

Facility in the port city of Sohar will process 18 million tonnes of iron ore from 2027.

October 28, 2024

AstroForge secures first-ever commercial license for asteroid mission

Odin will become the first private mission to fly by a body in the Solar System besides the Moon, capturing images and data.

October 28, 2024

Rio Tinto halts Simandou after fatal accident

The contractor's death at the massive iron ore project in Guinea is the fifth fatality at the mining giant’s global operations this year.

October 28, 2024

Mining vs AI – It’s not even close

Nvidia throws shade on the entire global mining industry.

October 28, 2024

Dalian iron ore price hits more than one-week high on renewed China stimulus hopes

Markets are now pricing in expectations of fiscal stimulus from China's upcoming legislative meeting.

October 27, 2024

Mineral Resources says investigation of founder to finish by next week

The company’s shares slumped 26% last week after reports of undeclared payments linked to its managing director.

October 25, 2024

Vale taps Marcelo Bacci as new CFO

Bacci, who served as finance chief for pulp maker Suzano, will replace Murilo Muller, who is temporarily serving in the job.

October 25, 2024

BHP, Vale and Samarco reach $30 billion Fundão dam settlement

The collapse of the dam at an iron ore mine owned by Samarco killed 19 people.

October 25, 2024

China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime

Selling Afghanistan's lithium, copper and iron deposits to feed China's enormous battery and construction industries would help the Taliban prop up their economy.

October 25, 2024

Rio Tinto signs MOU with China’s Nanjing Steel on decarbonization

Upstream mining giants have accelerated cooperation with their big consumers on decarbonizing the steel value chain to cope with climate change.