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.

July 23, 2024

Kumba Iron Ore sees new South Africa government open to rail reform

The Anglo subsidiary was already working with the previous administration on ways to improve the crucial infrastructure.

July 23, 2024

Iron ore price buckles below $100 as China’s Plenum fails to inspire

The steelmaking material slid as much as 3.5% to touch $99.85 in Singapore, with futures on track for a third day of losses.

July 23, 2024

Nippon Steel to dissolve JV with China’s Baoshan after 20 years

The joint venture was producing and selling cold-rolled steel sheets and hot-dip galvanized steel sheets for automotive use in China.

July 23, 2024

Vale Base Metals appoints mining veteran Shaun Usmar as CEO

Usmar has more than 30 years of industry experience, with his latest role being founder and CEO of Triple Flag Precious Metals.

July 22, 2024

Earth’s largest iron ore deposits are a billion years younger than believed, research reveals

Researchers found the Hamersley deposits in Western Australia formed between 1.4 and 1.1 billion years ago, rather than 2.2 billion years ago as previously estimated.  

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.