Dam disaster deal should curb lawsuits against Vale and BHP, sources say

The agreement could be signed this week, nearly nine years after the 2015 disaster in the city of Mariana.

Reuters | October 22, 2024 | 8:23 am

Column: China iron ore imports head for record even as steel output slips

China is likely to import as much as 120 million tonnes this month.

Reuters | October 22, 2024 | 7:25 am

Iron ore price retreats as mounting concerns on weakening steel demand weigh

It fell below the key psychological level of $100 a ton to hit an intraday low at $99.8 earlier in the session.

Reuters | October 22, 2024 | 1:26 am

China’s steel demand has shrunk to less than half global total

China will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel Association.

Bloomberg News | October 21, 2024 | 11:18 am

Metals drop on higher dollar; traders weigh China lending help

The reductions in two key rates were larger than economists had expected.

Bloomberg News | October 21, 2024 | 7:04 am

Liability trial for BHP in Samarco dam collapse begins in London

BHP faces a potential $47 billion payout in damages over the 2015 Mariana dam disaster, as a 12-week trial kicks off.

Cecilia Jamasmie | October 21, 2024 | 3:26 am

Australia’s MinRes probes payments to tycoon founder

Chris Ellison, who has a large stake in the miner, said that the company set up offshore entities more than 20 years ago that supplied Mineral Resources with mining equipment.

Bloomberg News | October 20, 2024 | 4:46 pm

Brazil to seal $30 billion compensation deal with BHP, Vale over 2015 dam collapse

As of Friday, the negotiations between the parties were ongoing and no final agreement has been reached on the settlement amount or terms.

Staff Writer | October 18, 2024 | 2:32 pm

How resource ‘classification debt’ chips away at miners’ growth and investor trust

Over the past decade, resource misclassification has saddled the mining industry with a costly problem.

Henry Lazenby - The Northern Miner | October 18, 2024 | 2:00 pm

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Last

US House of Representatives approves 2024 Critical Mineral Consistency Act

Brazilian court clears BHP, Vale and Samarco of charges in 2015 dam disaster

Iron ore price hits 3-week low on firmer supply, softer steel outlook

Australia may lose $45 billion amid green steel rush, report says

Deep sea mining risks over $560 billion in countries’ annual export earnings — report

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