July 5, 2024

Iron ore price slumps from one-month high as demand concerns persist

Although all major Chinese cities have rolled out measures to tackle a prolonged housing crisis, concerns remain about a sustainable recovery.

July 4, 2024

Brazil’s Lula will ‘demand’ compensation for Mariana and Brumadinho

The Brazilian President is expected to meet with Vale executives next week.

July 4, 2024

BHP cuts employee incentives by 20% globally — report

The world's largest listed miner is reportedly paying only 80% of short-term incentives offered in 2023-24, as it missed performance goals.

July 3, 2024

Iron ore price at 4-week high on firm near-term demand, China stimulus hopes

Beijing has unveiled a flurry of stimulus measures to revive its beleaguered property market.

July 3, 2024

Sundance settles dispute with Congo Republic over iron ore project

The company has reached an agreement to settle a dispute over the Nabeba iron ore project.

July 2, 2024

Vale pledges to quickly replace outgoing board members

Vale's board now has 11 members following the departure of Vera Marie Inkster on Monday.

July 1, 2024

Vale reports second board exit in four months amid CEO search

On Monday, the miner reported the resignation of Vera Marie Inkster.

July 1, 2024

Tata Steel workers in UK suspend strike action in favour of talks

Workers at the Port Talbot and Llanwern sites in Wales, represented by the Unite union, are locked in a dispute with India-owned Tata Steel over its decision to close the…

July 1, 2024

Iron ore price at almost 2-week high on better China data, stimulus hopes

The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 2.5% higher.

June 28, 2024

Brazil’s Lula says deal with Vale on Mariana disaster ‘90% done’

The offer unveiled earlier this month was less than the government's target, but Vale has expressed hope that a "consensus" would be achieved by the end of month.