May 10, 2024 Iron ore price hits more than 2-week low on rising inventory, demand caution Prices were pressured by an inventory accumulation at Chinese ports and caution about demand outlook.
May 10, 2024 Rio Tinto has not ruled out bid for Anglo American — report While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American.
May 9, 2024 Anglo American’s South Africa investors open to improved BHP bid The investors, who collectively hold more than 15% of Anglo American, told FT that BHP would need to sweeten its offer.
May 9, 2024 BHP-Anglo American deal raises alarm in Japan’s steel industry Steelmakers have raised concerns with Australian authorities that BHP could become too dominant in the global supply of coking coal.
May 9, 2024 Nippon Steel sticks to plan to close US Steel deal by year-end The takeover should bring Nippon Steel's global crude steel capacity to 86 million tons per year, close to its goal of 100 million.
May 8, 2024 Brazil court rejects requests to block $15.7 billion from Vale, BHP A substitute federal judge of a court in Minas Gerais state said the issue had already been resolved in the previous ruling.
May 8, 2024 China’s 2024 iron ore imports similar to last year – Vale Imports by China, the world's biggest buyer, in 2024 are expected to be around 1.17 to 1.18 billion metric tons.
May 7, 2024 Brazil demands immediate $15.7 billion payment from Vale, BHP for Mariana disaster The government stated that if this amount is not paid within 15 days, it will petition to block the assets of Vale, BHP, and Samarco.
May 7, 2024 South African unions urge Anglo holders to reject BHP bid BHP’s proposal includes a plan for Anglo to spin off its Johannesburg-listed platinum and iron ore units before an eventual takeover.
May 7, 2024 BHP insists Anglo American’s South African assets must go in any takeover BHP sees advantages for South Africa in a distribution of Anglo American stakes in Amplats (78.6%) and kumba Iron Ore (69.7%).
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am