October 30, 2024

Iron ore price rangebound as EU tariff hike woes counter China’s fiscal stimulus optimism

The EU has decided to increase tariffs on Chinese-built EVs to as much as 45.3%.

October 30, 2024

Simandou to mine first cargo by end of 2025

With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore.

October 28, 2024

Australia risks losing its iron ore dominance, Fortescue CEO says

Australia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply.

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.