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.

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.