Vale to study implementing ‘mega hubs’ in Middle East countries

Vale is expected to build and operate iron ore concentration and briquetting plants within the hubs.

Reuters | November 1, 2022 | 7:37 am

Brazil’s CSN net profit drops 82% in Q3

The bottom line came in at 238 million reais, while its EBITDA fell 37% to 2.714 billion reais.

Reuters | October 31, 2022 | 5:54 pm

Brazil’s president-elect Lula vows greener mining

Leftist former Brazilian President Luiz Inacio Lula da Silva was elected this Sunday, winning over far-right incumbent Jair Bolsonaro.

Bruno Venditti | October 30, 2022 | 4:24 pm

How green material producers, buyers can capture the green premiums

Transforming the metals and mining, building materials, and plastics industries to make them compatible with sustainability targets will require increasing annual spending from $5.7 trillion to $9.2 trillion.

Staff Writer | October 30, 2022 | 11:57 am

Germany’s biggest union starts warning strikes over wage demands

Metals and electronics workers are seeking an 8% wage increase amid soaring inflation.

Bloomberg News | October 30, 2022 | 10:42 am

Vale Q3 net beats estimates, helped by forex gains

The bottom line was boosted by a $2.35 billion financial gain related to unspecified foreign exchange rates, which largely masked weaker sales and rising costs.

Reuters | October 27, 2022 | 6:55 pm

Iron ore price hit lowest since 2020 on global steel demand concerns

Prices have fallen more than 50% from a peak in March.

MINING.COM Staff Writer | October 27, 2022 | 9:30 am

BHP Group, ArcelorMittal trial carbon capture at Europe, US steel plants

By discharging over 3 billion tonnes of carbon dioxide a year, the steel industry accounts for 7-9% of global greenhouse gas emissions.

Reuters | October 27, 2022 | 7:46 am

Japanese Tesla supplier to take on Chinese rivals to tap EV boom

Sumitomo wants to start making materials for a cheaper type of battery -- containing no nickel -- that’s poised for global popularity after storming the world’s top EV market, China.

Bloomberg News | October 26, 2022 | 3:26 pm

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Australia export revenue to tumble as iron ore, coal prices drop

Brazil judge votes for dismissal of homicide case against Vale’s ex-president over Brumadinho

Fortescue gets 200 million euros for Norway green ammonia plant

Column: China is still the top dog in commodities, but its bark is changing

Iron ore price falls after China policy meet disappoints on stimulus

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