October 16, 2024

World’s top two iron ore miners raise output even as China slows

Rio’s third-quarter output edged up about 1% from a year earlier, while Brazil’s Vale beat estimates to churn out its highest volume since late-2018.

October 16, 2024

Brazil reviews caves decree in potential boon for mining and energy

Vale sees a potential to unlock 1.6 billion tonnes of iron ore reserves if the government tweaks rules around mining in caves.

October 16, 2024

Brazil’s CSN to sell up to 11% of mining unit to Japan’s Itochu

The potential transaction still depends on additional corporate and antitrust green light.

October 16, 2024

Cosan not looking to sell Vale stake in short term, chairman says

Cosan is a Brazilian commodity giant with a stake of just over 4% in Vale.

October 15, 2024

Vale posts highest quarterly iron ore output since 2018

The company, one of the world's largest iron ore producers, reported output of 90.97 million metric tons in the three months through September.

October 15, 2024

Rio Tinto Q3 iron ore shipments rise, sees first Simandou output in 2025

Rio has reaffirmed its 2024 Pilbara iron ore shipments forecast of between 323 Mt and 338 Mt.

October 15, 2024

FPX completes pilot refinery tests by making battery-grade nickel sulphate

This accomplishment follows last year’s successful bench-scale test program.

October 15, 2024

Iron ore price drops with leading miners to deliver production reports

This week, BHP, Rio Tinto and Vale turn in their figures.

October 14, 2024

China iron ore imports lifted by lower prices, demand hopes

China, the world's largest iron ore consumer, brought in 104 million metric tons last month, the highest level since January.

October 14, 2024

Value of top 50 mining companies jumps to second highest on record

World’s 50 biggest miners now worth $1.5 trillion, up $76 billion during Q3 as gold miners climb the rankings and Chinese mining stocks get a late boost.