Rio Tinto sees stimulus boost in China to drive gradual recovery for iron ore demandWhile prices of iron ore closed 2023 about 20% higher, they’ve lost about 8% so far this year.Bloomberg News | January 16, 2024 | 4:20 pm
Rio Tinto’s full-year iron ore shipments rise 3%The shipment figure met Rio Tinto's guidance of between 320-335…Reuters | January 15, 2024 | 1:46 pm
France, ArcelorMittal agree on $2bn investment to cut French plant emissionsThe $2 billion will finance electric furnaces and a direct…Reuters | January 14, 2024 | 10:31 am
Fortescue reveals green steel plans but warns task is enormous The world’s fourth-biggest iron ore miner has joined forces with Japan’s Mitsubishi and European steelmaker Voestalpine to develop zero-carbon iron using hydrogen at a plant in Austria. Bloomberg News | December 19, 2022 | 2:37 pm
Samarco expects iron ore pellet production to rise up to 11% in 2023 Samarco Mineracao expects to end 2022 with production of 8.1 million tonnes of iron ore pellets, up 5.2% on 2021. Reuters | December 19, 2022 | 9:55 am
Iron ore price retreats on surging China covid cases China is in the first of an expected three waves of covid cases this winter. MINING.COM Staff Writer | December 19, 2022 | 8:50 am
Autonomous mining vehicle developer gets $38m to fuel expansion plans SafeAI is a company that retrofits construction and mining vehicles with aftermarket hardware and proprietary autonomy software. Staff Writer | December 18, 2022 | 1:00 pm
Australia revises up resources export earnings to $308bn for FY23 The country is set to see strong revenue growth from thermal coal exports used in power plants. Reuters | December 18, 2022 | 10:34 am
China’s new iron ore buyer sets off biggest shakeup in years A new state-owned company called China Mineral Resources Group is poised to become the world’s biggest iron ore buyer as soon as next year. Bloomberg News | December 16, 2022 | 8:21 am
Nucor, Electra partner to produce carbon-free iron for steelmaking A new process to refine low-grade iron ores into high-purity iron results in zero carbon dioxide emissions. Staff Writer | December 16, 2022 | 7:38 am
Iron ore price hits six-month high as China plans more stimulus Chinese policymakers are aiming to boost the scale of consumption and investment, the official Xinhua news agency said. MINING.COM Staff Writer | December 15, 2022 | 8:47 am
Century files feasibility study for Joyce Lake iron ore project in Newfoundland Joyce Lake will be an open-pit mine which delivers high iron grade material to the crushing and screening plant. Staff Writer | December 13, 2022 | 10:38 am