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.

July 24, 2024

Fortescue forecasts higher annual iron ore shipments

Production was higher due to the implementation of a recovery plan in response to the ore car derailment and weather disruptions.

July 24, 2024

Vale to develop low-carbon mega hubs in Brazil, US, and Middle East within a year

Three projects were already announced for Oman, Saudi Arabia, and the United Arab Emirates.

July 23, 2024

BHP must stop funding legal action to halt Mariana dam claim, London court rules

The miner must stop funding legal action to prevent a $46 billion claim over the dam collapse.