October 18, 2024

Petrobras inks deal to supply Vale fuel with renewable content

Petrobras and Vale are two of Latin America's largest companies by market value.

October 17, 2024

Industrial metals slump as sentiment on China demand worsens

Prices have faded as government briefings on the Chinese economic policy fell short of expectations.

October 17, 2024

Itochu’s deal to buy stake in Brazil’s CSN Mineracao implies 26% premium

CSN announced the deal to sell up to 11% of CSN Mineracao to Itochu early Wednesday.

October 16, 2024

BHP iron ore output beats, copper production edges up on better grades at Escondida

The global miner completed the debottlenecking work at the port at its Western Australia operations, boosting iron ore output.

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.