Iron Ore Top Stories

BHP to review $9.7 billion charge over Brazil dam failure

The fine is part of a broader claim seeking $31.5bn for reparation, compensation and moral damages tied to the Fundão dam failure in 2015.

Cecilia Jamasmie | January 26, 2024 | 4:03 am

Brazil judge orders Vale, BHP and Samarco to pay $9.7 billion in damages

The Samarco Fundão dam burst in November 2015 — it was Brazil’s worst…

Staff Writer | January 25, 2024 | 12:01 pm

Brazil’s Lula slams miner Vale over 2019 Brumadinho disaster

The Brazilian President criticized Vale for "not having done anything…

Reuters | January 25, 2024 | 10:24 am

Fortescue to work with China officials to clear iron ore shipments

Two iron ore cargoes from the world's No.4 supplier were…

Reuters | January 25, 2024 | 9:35 am

Plaintiffs demand 582m euros from TÜV Süd over Brazil dam burst

TÜV Süd's lawyers have referred responsibility to Vale.

Reuters | January 25, 2024 | 6:09 am

New solution aims to effectively monitor tailings facilities from space

Satellites, earth observation and ground sensors have been combined into one solution for monitoring tailings facilities.

Staff Writer | January 18, 2023 | 6:24 am

Rio Tinto sees increased volatility as China reopens

The miner, which looks set to keep its position as the world's biggest iron ore producer, said the Gudai-Darri mine is expected to reach its nameplate capacity on a sustained basis during 2023.

Reuters | January 16, 2023 | 2:00 pm

Goldman sees ‘bullish concoction’ for global commodities

Jeff Currie sees parallels with the record run-up in commodities prices from 2007 to 2008.

Bloomberg News | January 16, 2023 | 11:59 am

Column: China didn’t drive commodity markets in 2022. It may in 2023

The market narrative for China's appetite for commodities has moved on from what was a soft 2022 to expectations of a strong 2023.

Reuters | January 16, 2023 | 7:27 am

Iron ore’s sharp gains catch Beijing’s eye as traders summoned

Iron ore futures jumped almost 60% from the end of October through last Friday.

Bloomberg News | January 16, 2023 | 7:09 am

CHARTS: Mining stocks gain on tech but remain an afterthought for investors

Apple is worth more than the 100 biggest mining companies, three years of global copper production and all the world's seaborne iron ore.

Frik Els | January 13, 2023 | 12:20 pm

Dalian iron ore hits 17-month high on China demand optimism

Global supply concerns are also boosting iron ore prices.

Reuters | January 13, 2023 | 9:14 am

Australia extends run of trade surpluses on metals exports

Australia has posted monthly trade windfalls since January 2018, underpinned by sales of iron ore and natural gas.

Bloomberg News | January 12, 2023 | 10:04 am

Europe’s largest rare earths deposit found in Sweden

The discovery by Swedish state-owned miner LKAB could help the continent break away from China’s dominance in the sector.

Cecilia Jamasmie | January 12, 2023 | 6:03 am

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