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.

October 24, 2024

Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices

Vale reported a 10% decline in its net revenue year-on-year to $9.55 billion, in line with analyst expectations.

October 24, 2024

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Copper will make up 60% of Anglo's business after it sells its Australian steelmaking coal assets and nickel mines in Brazil.

October 23, 2024

Fortescue posts 4% rise in first-quarter iron ore shipments

The Perth-based miner also reaffirmed its iron ore shipments guidance for fiscal 2025.

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.