Iron ore price at one-week high on softer dollar, pre-holiday stockingUnderpinning prices is some mills kicking off buying seaborne cargoes to meet their production needs over the week-long Chinese New Year holiday break in January.Reuters | November 19, 2024 | 6:41 am
Nippon Steel not to import from overseas mills in bid to save US Steel dealNippon is looking to close its $14.9 billion deal for…Reuters | November 18, 2024 | 12:23 pm
Australia’s national investment fund makes first bet on miningAustralia’s National Reconstruction Fund will invest $26 million to boost…Bloomberg News | November 18, 2024 | 7:06 am
Brazilian court clears BHP, Vale and Samarco of charges in 2015 dam disaster A court in Belo Horizonte ruled that state prosecutors failed to prove that "individual actions" directly contributed to the collapse of the dam. Staff Writer | November 14, 2024 | 9:55 am
Iron ore price hits 3-week low on firmer supply, softer steel outlook China unveiled tax incentives on home and land transactions on Wednesday, aiming to support its crisis-hit property market. Reuters | November 14, 2024 | 7:25 am
Australia may lose $45 billion amid green steel rush, report says Australia accounts for 56% of seaborne iron ore trade. Reuters | November 14, 2024 | 7:07 am
Deep sea mining risks over $560 billion in countries’ annual export earnings — report Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker. MINING.COM Editor | November 14, 2024 | 1:00 am
South African labour union to strike at ArcelorMittal over job cuts Africa's biggest steel producer was rocked by a two-week wage strike in May 2022. Reuters | November 13, 2024 | 1:39 pm
Brazil’s CSN posts $131 million net loss in Q3 The steelmaker attributed its lower core earnings to factors beyond its control, citing international prices. Reuters | November 13, 2024 | 7:18 am
Friedland considers floating African iron ore company on ASX The IPO, expected before June 2025, seeks to raise capital for acquiring "overlooked" critical minerals projects in Australia. MINING.COM Editor | November 12, 2024 | 6:33 am
Vale signs deals for free market natural gas supply Under the free energy market, Vale will be able to negotiate prices directly with its suppliers. Reuters | November 12, 2024 | 5:39 am
Mubadala prepares for sale of Brazil’s Porto Sudeste, Mina Gerais iron ore mines Formed in 2016, the project includes two mines and their processing units. Reuters | November 11, 2024 | 10:22 am