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.

June 19, 2024

Mineral Resources to shut Yilgarn iron ore hub

The decision was partly triggered by the limited remaining life of the five operating mines that make up the hub.

June 18, 2024

BHP confident in reaching Mariana disaster settlement

Last week, Vale and BHP presented Brazilian authorities with a new offer to settle reparations.

June 18, 2024

Column: China’s steel sector looks a little healthier, or does it?

It's a case of one step forward, two steps back for China's steel and iron ore sectors.

June 17, 2024

Mexico steelworkers hold up 300,000t of steel, ArcelorMittal says

Mexico's steel chamber said the work stoppage had a ripple effect throughout the region, as well as on supply chains in Mexico and the US.

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.