MINING.COM

China’s hunger for commodities is wavering after years of growth

China’s imports of key commodities face some mighty headwinds in the second half.

Bloomberg News | July 27, 2022 | 8:22 am

Rio Tinto slashes dividend as profits take a hit; shares tumble

Rio Tinto reported a 29% drop in first-half profit and more than halved its dividend on Wednesday.

Reuters | July 27, 2022 | 7:55 am

Goldman warns China’s property crisis will sink iron ore price

Goldman cut its three and six-month price targets to $70 and $85 a tonne, respectively, from $90 and $110 a tonne.

Bloomberg News | July 26, 2022 | 7:56 am

Rio Tinto, Fortescue record profits near end on price view, dim demand

A persistent downward trend in iron-ore prices is expected to weigh significantly on the earnings of top Australian miners.

Reuters | July 26, 2022 | 7:29 am

Kumba pins hopes on China’s infrastructure stimulus

First-half production at Kumba's two mines declined 13% to 17.8 million tonnes, largely due to heavy rains.

Reuters | July 26, 2022 | 7:24 am

Voyager Metals calculates $1.6bn after-tax NPV, 43% IRR for Mont Sorcier iron-vanadium project

Over a 21-year mine life, Mont Sorcier's annual production target is set at 5Mt of high-grade, low-impurity iron concentrate grading 65% iron with 0.52% V2O5 per tonne.

Staff Writer | July 25, 2022 | 10:55 am

How and why China is centralizing its billion-tonne iron ore trade

China has embarked on one of the biggest shake-ups of the global iron-ore market in more than a decade.

Bloomberg News | July 25, 2022 | 8:15 am

Iron ore price rises on hopes for China’s rebound in Q3

China will make "great efforts" to consolidate its economic recovery, state media reported.

MINING.COM Staff Writer | July 25, 2022 | 8:04 am

Steelmaker Voestalpine builds up gas reserve to tackle shortfalls

Voestalpine has built up sufficient gas reserves to safeguard three months of production should there be an emergency hit to supplies.

Reuters | July 24, 2022 | 10:21 am

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Vedanta to split business into six listed companies

Iron ore price rises as output in Chinese steel mills hits highest since October 2020

Vedanta preparing to de-merge sprawling operations

Vale and Port of Açu sign deal for potential low-carbon iron ore complex

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