August 12, 2024

Indian state-run miner NMDC’s Q1 profit tops estimates on higher prices

Profit for the country's largest state-owned iron ore miner swelled 20% from a year earlier.

August 12, 2024

Iron ore miners face pay rise bid from Australian worker unions

Unions representing tens of thousands of workers in Australia’s major iron ore hub are preparing to negotiate potential wage rises.

August 12, 2024

BHP, Rio Tinto, Qantas to invest $53m in Australian carbon credit fund

The fund aims to raise $165m to invest in land reforestation projects.

August 8, 2024

China’s Baosteel, Baowu Aluminum, Japan’s Kobe Steel to form JV

The new company will produce aluminum sheets for China's domestic automobile manufacturers.

August 5, 2024

Vedanta plans debt refinance to cut funding costs after upgrade

The miner is in talks with banks to gauge investor appetite for refinancing a large part of $3 billion of bonds maturing between 2026 and 2028.

August 5, 2024

Iron ore price hits 2-week high on improved Chinese economic outlook

Growth in China's services activity accelerated in July, expanding for the 19th straight month.

August 1, 2024

Iron ore price rises to more than 1-week high on upbeat demand outlook

Rio Tinto reported higher first-half underlying earnings on Wednesday.

July 31, 2024

Mining powerhouse Australia to tighten up exploration rules

No mining entity listed on the ASX will be exempt from the changes, which are expected to take effect next year, according to JORC committee chair.

July 31, 2024

Rio Tinto’s Simfer, Wabtec Sign $277 million Guinea train pact

Simfer is a joint venture formed by Rio Tinto, Aluminum Corp. of China Ltd., known as Chinalco, and the Guinean government. 

July 31, 2024

BHP says iron ore supply not affected by minor rail car incident

According to the company, two cars derailed at a railyard near Port Hedland in Western Australia.