October 2, 2024

Fortescue chairman urges shift to “real zero” emissions by 2040

Fortescue Chairman calls for the world to abandon the "fantasy" of net zero by 2050 and aim for "real zero" by 2040.

October 2, 2024

Uganda sets up state-owned firm to take stakes in mining operations

All mining activities in the east African country have previously been done by private firms after obtaining exploration and mining licenses.

October 1, 2024

Canada to hit Chinese steel and aluminum with tariffs on Oct. 22

Country published a list of dozens of Chinese steel and aluminum products on which it will place a 25% tariff, starting in three weeks. 

October 1, 2024

Australian mine fight reignites Aboriginal heritage tensions

A decision by Environment Minister under a rarely used Aboriginal heritage protection law has stoked an outcry from mining groups.

September 30, 2024

Iron ore futures surge to nearly 3-month high on China’s fresh property stimulus

China's central bank on Sunday said it would tell banks to lower mortgage rates for existing home loans before Oct. 31.

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.