Canada, Mexico steelmakers refuse new US ordersTrump this week signaled plans to impose previously threatened tariffs of as much as 25% on Mexico and Canada by Feb. 1.Bloomberg News | January 24, 2025 | 12:58 pm
Fortescue Energy CEO says green hydrogen cost is key as demand dropsBuyers are unwilling to pay "green premiums" to replace fossil…Reuters | January 24, 2025 | 7:58 am
Fortescue’s Q2 iron ore shipments edge up; Iron Bridge shutdown weighsFortescue attributed its quarterly output to the management of wet…Reuters | January 22, 2025 | 4:04 pm
Six years post fatal disaster, mines start global waste-dam body The Global Tailings Management Institute will oversee independent audits and the certification of member companies’ facilities based on their safety and public disclosures, the founders said. Bloomberg News | January 21, 2025 | 10:51 am
BHP’s iron ore, copper output surge on mine improvements Production rose because of supply chain improvements, with a record amount of iron ore delivered from the Central Pilbara hub. Reuters | January 20, 2025 | 1:58 pm
Hearing on Nippon Steel’s lawsuit over US Steel bid set for Feb-March The two steelmakers on Jan. 6 filed the lawsuit against Biden's order blocking Nippon Steel's planned buyout of US Steel. Reuters | January 20, 2025 | 7:05 am
Glencore open to deals as investors brace for more mining M&A Potential M&As were the main interest for investors in the sector in 2024, but BHP’s failed bid for Anglo cooled deals down. Reuters | January 20, 2025 | 6:48 am
Australia iron ore hub resumes operations after cyclone threat Port Hedland is the world's largest iron ore export hub. Reuters | January 19, 2025 | 4:30 pm
Australia shuts its biggest iron ore port on cyclone threat Port Hedland handles vast volumes of iron ore from all major miners including BHP Group, Rio Tinto Group, and Fortescue. Bloomberg News | January 18, 2025 | 11:03 am
Rio Tinto and Glencore spoke for months about deal that was once taboo The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says. Bloomberg News | January 17, 2025 | 2:40 pm
Rio Tinto and Glencore discuss potential merger A $160 billion Rio Tinto-Glencore combination makes sense in a copper-centric world, but we've been here before. Frik Els | January 16, 2025 | 1:46 pm
Rio Tinto, Glencore discuss mining’s biggest-ever potential merger Combining the two businesses would potentially create a behemoth to leapfrog longstanding industry leader BHP Group. Bloomberg News | January 16, 2025 | 12:16 pm