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.

October 18, 2024

Brazil to seal $30 billion compensation deal with BHP, Vale over 2015 dam collapse

As of Friday, the negotiations between the parties were ongoing and no final agreement has been reached on the settlement amount or terms.

October 18, 2024

How resource ‘classification debt’ chips away at miners’ growth and investor trust

Over the past decade, resource misclassification has saddled the mining industry with a costly problem.

October 18, 2024

Canada firms can request temporary relief from tariffs on China EVs, metals

The measure is designed to help firms adjust their supply chains to cope with the new tariffs.