June 14, 2024

Iron ore price falls for a third week on China demand woes

"The structural trends suggest that the market is going to see more subdued performance rather than substantial recovery," analyst says.

June 14, 2024

China steel demand plateaus at a decent level, Vale boss says

“The plateau means they’re going to shift from real estate to manufacturing,” Bartolomeo said during a conference.

June 13, 2024

Vale expects tentative dam collapse settlement with Brazil authorities this month

The latest proposal from Vale and BHP totals 140 billion reais ($26.08 billion).

June 13, 2024

Vedanta subsidiary Western Cluster plans $2bn Liberia investment

The investment will spread over the next five years to fund the expansion of its iron ore operations.

June 13, 2024

Sixth Fortescue executive quits in less than a year

Julie Shuttleworth, director of global growth, previously served as group deputy chief executive and CEO of the green energy division.

June 12, 2024

Brazil sees potential railway concession agreement with Vale this month

The agreement with Vale could reach some 20 billion reais ($3.70 billion).

June 12, 2024

Vale, BHP make new offer on Mariana disaster reparations

Vale said the new proposal totals $26.09 billion.

June 12, 2024

Western Australia resolves mining imbroglio threatening licences

The government has approved draft legislation that will ensure the security of mining licences and permits in the state, a major producer of iron ore.

June 11, 2024

Column: China’s strong iron ore imports contrast with weak steel output

China imported 102 million tonnes in May, marking a third straight month of arrivals of more than 100 million tonnes.

June 11, 2024

Iron ore price tumbles to 2-month low on concerns over weakening China demand

Iron ore supply has risen while demand has softened and showed little room for improvement, Sinosteel Futures said.