July 29, 2024 Fortescue slumps as Capital Group sells $1.2 billion stake The trade represents about 100 million shares, representing around 3.2% of securities on issue.
July 29, 2024 Guinea’s Simandou iron ore project seen aiding climate goal “With an iron content of nearly 65% and few impurities, Simandou project will make Guinea a key player,” Rio says.
July 29, 2024 China’s COSCO Shipping, Fortescue to build green fuel supply chain The memorandum of understanding includes exploring deployment of green ammonia-fueled vessels to transport iron ore in the China-Australia iron ore corridor.
July 28, 2024 Building the market for sustainable metals The first generation of metals produced with little or no carbon emissions is headed to market.
July 26, 2024 Indigenous groups block Vale’s Carajás Railroad in Pará The miner has an injunction to release the Carajás Railroad, used to transport iron ore produced from the Northern System.
July 26, 2024 Vale on track to hit top end of iron ore guidance, CEO says Vale guidance for iron ore production in 2024 is between 310 million and 320 million tonnes.
July 25, 2024 Vale says Q2 net profit triples, iron ore sales up The net profit was 65% higher than in the first quarter, when it totaled $1.68 billion.
July 25, 2024 Brazil government mulls ‘tougher measures and sanctions’ on Vale, minister says Brazil's government has regularly criticized the miner for two dam collapses in Minas Gerais state, and for not investing enough in the country.
July 25, 2024 Iron ore price drops further as strong supply, China steel sell-off weigh The most-traded September iron ore contract on China's Dalian Commodity Exchange fell for a fifth straight session.
July 25, 2024 Anglo American takes fresh $1.6bn writedown on UK fertilizer mine Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.
Iron ore logs annual gain in a dramatic recovery fuelled by steel exports Prices of the key steelmaking ingredient had come under pressure earlier this year on expectations of a supply glut and forecasts of faltering demand in China. December 31, 2025 | 09:27 am