September 16, 2024

Goldman Sachs cuts Q4 iron ore price forecast by $15/t on supply glut

The bank cited market oversupply even though demand from top consumers in China is stabilizing.

September 14, 2024

Vale says routine check revealed cracks in dam, stability unchanged

In a securities filing, the company said the issue concerns the Forquilha III dam at the Fabrica iron ore mine.

September 14, 2024

Focus on these stocks: Large undeveloped deposits 

It’s the geologists living on the edge who could offer early clues about Western Australia's position in this mining cycle.

September 13, 2024

Nippon Steel bid for US Steel faces Sept. 23 review deadline

The deal has become a political hot potato and faces high-profile opponents.

September 12, 2024

Vitol hires Glencore, Trafigura iron ore traders in metals push

The oil trader has been in talks to hire some of Glencore’s iron ore team, and some members have already quit and will be joining Vitol.

September 12, 2024

Iron ore price soars to over one-week high on upbeat seasonal demand outlook

Steel demand is expected to return to growth in 2025, ANZ said.

September 12, 2024

Vale sees 10% of its iron ore production coming from tailings by 2030

Last year alone, Vale generated 48.5 million tons of iron ore tailings.

September 11, 2024

Vale expects to close deal over Brazil dam collapse in October

Last week, Reuters reported that Vale, BHP and their joint venture Samarco could soon reach such an agreement to pay around 100 billion reais.

September 11, 2024

Vale raises forecast for 2024 iron ore production amid weak prices

The company slightly lowered its forecast for nickel output in 2024.

September 11, 2024

Nippon Steel, US Steel make last-ditch effort to win US nod

The meeting comes amid bipartisan opposition to the deal by Donald Trump and Kamala Harris.