October 23, 2024

Brazil to sign compensation deal with miners over 2015 dam disaster on Friday

The agreement will be signed in a ceremony attended by President Luiz Inacio Lula da Silva.

October 23, 2024

BHP says claim it put profit over safety ‘unjustified’ in Brazilian dam collapse case

More than 600,000 Brazilians are suing BHP over the 2015 collapse of the Mariana dam.

October 22, 2024

Column: Electric vehicles prove a bumpy ride for battery metals

Explosive price rallies in 2021 and 2022 resulted in too much new production capacity being brought online too quickly.

October 22, 2024

Dam disaster deal should curb lawsuits against Vale and BHP, sources say

The agreement could be signed this week, nearly nine years after the 2015 disaster in the city of Mariana.

October 22, 2024

Column: China iron ore imports head for record even as steel output slips

China is likely to import as much as 120 million tonnes this month.

October 22, 2024

Iron ore price retreats as mounting concerns on weakening steel demand weigh

It fell below the key psychological level of $100 a ton to hit an intraday low at $99.8 earlier in the session.

October 21, 2024

China’s steel demand has shrunk to less than half global total

China will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel Association.

October 21, 2024

Metals drop on higher dollar; traders weigh China lending help

The reductions in two key rates were larger than economists had expected.

October 21, 2024

Liability trial for BHP in Samarco dam collapse begins in London

BHP faces a potential $47 billion payout in damages over the 2015 Mariana dam disaster, as a 12-week trial kicks off.

October 20, 2024

Australia’s MinRes probes payments to tycoon founder

Chris Ellison, who has a large stake in the miner, said that the company set up offshore entities more than 20 years ago that supplied Mineral Resources with mining equipment.