July 22, 2024

Anglo American to sell two assets to Taurus Funds for up to $195 million

Anglo plans to divest less profitable assets and focus on expanding copper output.

July 20, 2024

Nippon Steel hires Mike Pompeo to advise on US Steel deal

Nippon Steel also faces objections from the powerful United Steelworkers (USW) union, which fears the deal could lead to job losses.

July 19, 2024

Will Guinea’s Simandou iron ore mine be the ‘Pilbara killer’?

Simandou, one of the world’s most significant iron ore developments, is set to challenge the Pilbara’s dominance soon.  

July 19, 2024

ArcelorMittal says dissident workers still protesting in Mexican plant

ArcelorMittal announced on Thursday the end ofthe blockade at its facilities in the southern state of Michoacan.

July 18, 2024

Column: China’s commodity import trend driven by prices, not economy

China's imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world's second-biggest economy.

July 18, 2024

Anglo’s sale of De Beers hindered by diamond market state

Anglo American has warned of more production cuts at De Beers due to reduced spending by Chinese consumers prolonging the market downturn.

July 17, 2024

Iron ore majors ramp up supply even as China faces challenges

Iron ore is one of the year’s worst performing major commodities, slumping by almost a quarter as China’s property crisis drags on.

July 17, 2024

Iron ore price slumps to 3-week low on weak China demand, strong global supply

Property investment in China fell 10.1% in the first half of 2024 from a year earlier.

July 17, 2024

Fortescue cuts 700 jobs, slows down green hydrogen plans

Fortescue is revising plans to become a major green hydrogen producer, citing high energy costs as the main reason for restructuring and layoffs.

July 17, 2024

Rio Tinto names Shell’s Katie Jackson as new copper chief

Jackson, who is the current president of National Grid Ventures, an energy group, joins Rio Tinto on September 1.