Iron Ore Top Stories

BHP Australia iron ore rail workers approve industrial action plans

The work stoppages could impact its operations at the world's largest iron ore export hub at Port Hedland.

Reuters | October 27, 2023 | 7:20 am

Rinehart buys 18% stake in Azure Minerals to block SQM takeover

Hancock Prospecting's stake in Azure is just short of the…

Cecilia Jamasmie | October 27, 2023 | 3:47 am

Vale’s third-quarter profit slips but beats expectations

The company reported a 36% year-on-year decline in third-quarter net…

Reuters | October 26, 2023 | 2:56 pm

Vale to pay out $2 billion to shareholders, launch buyback program

The company will pay 2.33 reais per common share in…

Reuters | October 26, 2023 | 1:38 pm

Champion Iron shares rise on Bloom Lake expansion

The company reported a 21% increase in production in Q2,…

Staff Writer | October 26, 2023 | 9:22 am

Latest Stories

Sexual abuse at Australian mines set to be targeted by new rules

Recommendations include implementing a code of practice to improve security for remote workers and funding for legal and advocacy advice.

Bloomberg News | September 21, 2022 | 8:06 am

Iron ore price rises as China’s construction stimulus pays off

Economic indicators suggest that government stimulus is boosting the ailing construction industry.

Bloomberg News | September 20, 2022 | 9:06 am

Ferrexpo says Ukrainian court rules 2002 share deal invalid

Former shareholders have filed claims to invalidate a share purchase deal from 2002, in which a more than 40% stake in FPM was sold to its former CEO and other parties.

Reuters | September 20, 2022 | 7:52 am

Fortescue to spend $6.2bn to rid iron ore ops of fossil fuels by 2030

The investment includes installing an additional 2-3 gigawatts of renewable energy generation and battery storage.

Reuters | September 19, 2022 | 4:50 pm

Lula campaign mulls new mining royalties in Brazil, spooking industry

Among the projects that could be affected should Lula win and impose the special royalty rate are a series of Vale-operated iron ore complexes in the Carajas region of northern Brazil.

Reuters | September 16, 2022 | 11:39 am

Decarbonizing iron ore and steel industry by 2050 requires $1.4 trillion investment — report

To stay in line with the Paris Climate Agreement, requires revolution across every stage of the value chain.

Wood Mackenzie | September 15, 2022 | 4:10 pm

US Steel says accelerating headwinds eroding metal demand

Over the last 24 hours, three of the most iconic names in American heavy industry told investors that deliveries are waning across all sectors.

Bloomberg News | September 15, 2022 | 9:57 am

Vale says iron market ‘can only get better’ amid tight supply

Company has been pursuing partnerships with steelmakers looking to address the challenge of finding cleaner ways to process minerals.

Bloomberg News | September 15, 2022 | 8:27 am

Indonesia accounts for over 50% of deforestation caused by large-scale mining

Coal extraction in the Indonesian province of East Kalimantan drove the mining-related deforestation in the country.

Staff Writer | September 14, 2022 | 5:05 am

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