June 26, 2024

Vale sells $1 billion in return to global debt markets

Vale last tapped global markets in June of 2023, with a $1.5 billion sale of bonds.

June 26, 2024

Iron ore price extends gains on sustained China demand, property stimulus

Beijing on Wednesday lowered the minimum down payment ratio for first home buyers to no less than 20%.

June 25, 2024

BHP’s carbon emissions to rise slightly this year

Pathway to net zero will not be linear and it requires significant effort to overcome organic growth and technology challenges, the company's vice president for climate said.

June 24, 2024

Vedanta mulls first dollar bond sale of $500 million

The bond sale could climb to $1 billion depending on the response from investors, Bloomberg sources say.

June 24, 2024

Brazil prosecutors seek $668 million from Vale, BHP for gender violations in reparations

The new lawsuit comes as Vale and BHP hope to reach a tentative agreement by the end of this month.

June 21, 2024

Tata Steel workers in UK call first strike in 40 years

Around 1,500 workers based in Port Talbot and Llanwern, Wales, will begin an all-out indefinite strike next month.

June 21, 2024

China Baowu completes purchases of stake at Simandou project

The Chinese steel mill bought an undisclosed stake from Winning Consortium Simandou, which owns the two northern blocks of the project.

June 20, 2024

Tsingshan’s $1 billion steel plant in Zimbabwe starts production

Dinson Iron and Steel Company will produce 600,000 metric tons of carbon steel annually.

June 20, 2024

Shareholders warn Nippon Steel faces higher decarbonization costs with US Steel takeover

An activist shareholder group said the potential addition of U.S. Steel's 11 blast furnaces to Nippon Steel's operations will almost certainly increase the company's cost of decarbonization.

June 19, 2024

US-based Capital Group sells Fortescue shares worth $489 million

Shares of the world's fourth-largest iron ore miner have fallen nearly 25% so far this year.