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.
August 27, 2024 Industry warns sovereign risk in Australia is rising BHP the latest to issue warning over Australia’s competitiveness following Regis gold mine rejection.
August 27, 2024 Vale’s CEO announcement to curb market speculation, says chairman Vale announced Monday that current finance chief Gustavo Pimenta would take the reins of the company.
August 27, 2024 Fortescue beats dividend payout view, shares rise The world's fourth-largest iron ore miner said underlying net profit after tax was $5.66 billion for the year.
August 27, 2024 Vale names CFO Gustavo Pimenta as next CEO The Brazilian executive will succeed Eduardo Bartolomeo following a messy succession process.
August 27, 2024 BHP eyes copper profits as China’s appetite for steel fades The miner's underlying attributable profit was $13.66 billion for the 12 months ended June 30.
August 26, 2024 Iron ore price rebounds past $100 after Chinese stockpiles shrink A tentative sign that a period of severe oversupply is starting to ease.
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