September 3, 2024

Harris says US Steel should remain American owned 

"It is vital for our nation to maintain strong American steel companies,” Harris said during a Labor Day event in Pittsburgh.

September 3, 2024

Xi wants bigger returns, fewer headaches from African debt deals

From Angola to Djibouti, for over a decade, China poured more than $120 billion of government-backed loans through its Belt and Road Initiative.

September 2, 2024

Iron ore price tumbles back below $100 as China property woes deepen

The steel-making material rose almost 10% over the past two weeks on tentative signs that the worst of China’s summer steel rout might be over.

September 1, 2024

China’s bulging commodity stockpiles show depth of economic woes

The government’s growth target for the year looks increasingly out of reach, an unwelcome development for the drillers and miners.

August 29, 2024

Mineral Resources tightens belt after lithium, iron ore prices fall

Shares in heavily indebted Australian miner slump, but CEO Chris Ellison isn’t panicking.

August 29, 2024

Kumba to invest further $428 million in iron ore processing plant upgrade

The new technology is expected to increase the volume of premium iron ore to about 55% of its flagship Sishen mine’s production.

August 29, 2024

Iron ore’s ‘irrational’ rally past $100 triggers warning from Chinese media

Iron ore has jumped by about 10% in 10 days.

August 28, 2024

Nippon Steel boosts M&A case with $1.3 billion spend at US mills

The Japanese steelmaker plans to make the investments at the Mon Valley Works and Gary Works.

August 28, 2024

Vale’s new CEO to focus on boosting iron ore despite weak demand

Iron ore futures have fallen nearly 30% this year and are hovering around $100 a metric ton.

August 27, 2024

Fortescue sets out to meet strong Chinese demand for green iron

The world's fourth-largest iron ore miner will use green electricity from solar farms at its Christmas Creek operations in Western Australia.