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.

July 31, 2024

Rio Tinto open to major acquisitions to meet copper goals

CEO Jakob Stausholm noted that buying quality assets in the current “hot market” would be “seriously" expensive.

July 30, 2024

Rio Tinto half-year profit meets estimates, expects good demand in China

The world's largest iron ore producer reported underlying earnings of $5.8 billion for the six months.

July 30, 2024

Guinea cuts president’s term to five years in draft constitution

In addition to being the world’s top exporter of bauxite, Guinea also has the world’s largest untapped iron ore deposit.

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.