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.

July 24, 2024

Fortescue to step up energy spending despite job cuts

"We see a massive potential in green iron industry out of Australia, supplying China," CEO says.