Iron Ore Top Stories

Vale’s 2023 iron ore output tops guidance, but sales fall

The company produced 89.40 million metric tons of iron ore in the last three months of 2023.

Reuters | January 29, 2024 | 1:42 pm

Brazil state prosecutor urges Vale, BHP to settle over dam disaster

The Minas Gerais state prosecutor general says the companies risk…

Reuters | January 29, 2024 | 12:21 pm

Column: Iron ore price rally built on more than just China optimism

Iron ore is having a strong start to the year,…

Reuters | January 29, 2024 | 10:15 am

Third mine disaster in a decade tests ESG boundaries in Brazil

Again and again, Brazil is showing just how quickly money…

Bloomberg News | January 29, 2024 | 9:53 am

Chinese engineers are keeping Russia’s metal furnaces firing

A $840-million coking plant in the steel town of Magnitogorsk is…

Bloomberg News | January 27, 2024 | 6:16 pm

China tells iron ore traders to stop hoarding after rally

Beijing authorities are urging trading companies that store iron ore in big volumes at ports to sell some of their material.

Bloomberg News | March 10, 2023 | 7:42 am

Iron ore price up on rising Chinese steel output

The downstream steel demand has been continuously recovering, said a senior analyst at Mysteel.

Staff Writer | March 9, 2023 | 8:47 am

BHP CEO says he is optimistic about Chinese economy this year

BHP last month reported a steeper-than-expected 32% fall in first-half profit.

Reuters | March 6, 2023 | 3:26 pm

Metals catch a chill as Beijing shies away from major stimulus

Commodities from copper to iron ore fell after China set a cautious economic growth target of about 5% for the year.

Bloomberg News | March 6, 2023 | 1:02 pm

Iron ore slides after China seeks advice on rising prices

"Some market participants with long positions liquidated their positions today to lock profits," analyst says.

Reuters | March 6, 2023 | 9:49 am

Iron ore price rises on demand optimism

Mills are ramping up production but their iron ore inventories are relatively low, supporting iron ore prices.

MINING.COM Staff Writer | March 3, 2023 | 8:35 am

Japan’s top steelmaker eyes $700 million ‘green steel’ project

Australia and Brazil are among possible sites.

Bloomberg News | March 3, 2023 | 7:38 am

Vale to turn Amazon mining waste into high-grade iron ore

The company has started extracting scrap that had been dumped at a tailings dam at Carajas in northern Brazil since 1985.

Bloomberg News | March 2, 2023 | 2:14 pm

Nippon Steel could buy more stakes in coking coal and iron ore mines

Japan's top steelmaker said it will spend around C$1.5 billion to buy a 10% stake in Elk Valley Resources.

Reuters | March 2, 2023 | 9:54 am

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