September 29, 2024

Australia revises down commodity revenue forecasts as prices trend lower

Australia's largest export iron ore has been particularly hard hit by the slowdown in the Chinese property sector.

September 29, 2024

Sugar giant Cosan mulls selling Vale stake on leverage woes

Cosan has a 4.1% interest in the iron ore producer.

September 28, 2024

India’s iron ore production jumps by 7.4% in April-August

Iron ore accounts for 70% of the total mineral production by value in India.

September 27, 2024

Mercuria blazes trail for energy traders eyeing a metals bonanza

As of Sept. 25, Mercuria was advertising four metals-related jobs on LinkedIn.

September 27, 2024

Fortescue, Liebherr secure orders for 100 electric mining trucks

The two companies signed a $2.8 billion partnership to supply 360 of the trucks to Fortescue.

September 25, 2024

BHP to test Caterpillar’s new energy transfer system on its mining trucks

The new technology transfers energy to diesel-electric and battery-electric large mining trucks while they are working on a mine site.

September 25, 2024

US Steel confirms arbitration ruling favoring Nippon Steel’s $14.9 billion buyout

The arbitration board ruled that US Steel met the successorship clause conditions in its labor agreement with the United Steelworkers union.

September 25, 2024

Iron ore price jumps to over three-week high on China stimulus, soft global supply

China's central bank on Wednesday lowered the cost of its medium-term loans to banks.

September 25, 2024

Investors rush into Australian miners on China stimulus boost

The mining sub-index has rallied 6% over the past two sessions.

September 24, 2024

Fortescue electrifies iron ore trucks in $2.8 billion deal

The miner will buy 475 emissions-free machines, including 360 autonomous battery-electric trucks.