MINING.COM

World steel use to fall in another bleak sign for global economy

Demand for the metal -- which is widely viewed as an economic barometer -- will drop 2.3% in 2022, bucking an April outlook for a small increase.

Bloomberg News | October 19, 2022 | 9:38 am

Iron ore price lowest in 11 months on supply pressures, weakening demand

Iron ore prices dipped on Wednesday after BHP reported higher quarterly output of the steelmaking ingredient, adding to supply-side pressures.

MINING.COM Staff Writer | October 19, 2022 | 8:48 am

BHP quarterly iron ore production rises on lower covid-19 impacts

The world's largest miner said iron ore production from Western Australia was 72.1 million tonnes in the quarter ended September 30.

Reuters | October 18, 2022 | 2:44 pm

Vale beats output estimate in new blow to iron ore prices

The Brazilian mining giant produced 89.7 million metric tonnes, topping the 87.2 million-tonne average analyst estimate.

Bloomberg News | October 17, 2022 | 4:00 pm

Rio Tinto tempers annual iron ore shipments outlook as demand weakens

Rio has been battling with a surge in production costs while iron ore prices continue to slide.

Reuters | October 17, 2022 | 3:00 pm

South Africa port staff union agrees to pay deal, calls off strike

Mining companies have been particularly hard hit by the strike.

Bloomberg News | October 17, 2022 | 2:27 pm

Column: Xi’s commitment to energy transition is mixed for commodities

Commodity markets were given little to cheer about in President Xi Jinping’s address to the Communist Party Congress.

Reuters | October 17, 2022 | 10:32 am

Iron ore price slides as Chinese president stresses zero-covid stance

The environment is still not optimistic and the industry faces a “severe market situation”, the China Iron & Steel Association warned.

MINING.COM Staff Writer | October 17, 2022 | 8:43 am

Miners’ losses mount as ports strike drags on in South Africa

Negotiations to reach a pay deal have been unsuccessful, even after the government and an arbitration body joined the discussions between Transnet and its biggest labor unions.

Bloomberg News | October 17, 2022 | 7:27 am

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Rio Tinto says it is optimistic about China’s growth

Vale mulls briquette plants in Gulf of Mexico, Middle East

Anglo American’s falling shares fuel takeover rumours

ArcelorMittal sells Kazakh assets for $286 million

Anglo American shares plunge after production cuts

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