Chief Executive Jakob Stausholm said the company had committed to increasing research spending to develop technologies enabling its customers to decarbonize.

Getting Simandou under development would be a second major win for Chief Executive Officer Jakob Stausholm.

J&F Investimentos SA, owned by the Batista family, emerged as the surprise buyer of some of Vale SA’s operations in Brazil.

The plant will use technology that reduces the carbon footprint of traditional steelmaking production processes.

Black Iron's Shymanivske iron project feasibility study is in limbo since no site visit is possible.

With expectations that China will stabilise its economy and stimulate the real estate sector, iron ore demand is seen to be rising, analysts with Huatai Futures wrote in a note.

Proceeds from the iron ore giant's debut sale of green bonds will be used to finance or refinance new or existing eligible green projects.

Resource export earnings are forecast to climb 33% in the 2021–22 financial year from a record A$320 billion the previous year.