Iron Ore Top Stories

Australian mining red tape hurts its global investment case, says Hancock

Hancock joins BHP and Rio Tinto in flagging red tape around mining projects as hurting Australia's drive to secure major investment.

Reuters | October 31, 2023 | 8:02 am

The world’s iron ore powerhouse is preparing to reinvent itself

For the first time in a generation, the spectre of…

Bloomberg News | October 28, 2023 | 8:49 pm

Vale CEO says he has never been so optimistic about the company’s future

Vale on Thursday reported a third quarter net profit decline…

Reuters | October 27, 2023 | 8:33 am

BHP Australia iron ore rail workers approve industrial action plans

The work stoppages could impact its operations at the world's…

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

Iron ore price falls as traders weigh demand prospects in China

"The iron ore market remains on shaky ground," ANZ commodity strategists said.

MINING.COM Staff Writer | August 12, 2022 | 9:14 am

US steelworkers union lauds bill’s focus on building North American production

The Inflation Reduction Act, as the bill is called, will offer opportunities for union workers, United Steelworkers union said.

Reuters | August 9, 2022 | 6:22 am

Iron ore price rises on improved China steel margins

Hopes that steel output curbs in China to meet decarbonization goals will be less strenuous in the second half of the year also supported iron ore prices.

MINING.COM Staff Writer | August 8, 2022 | 7:39 am

Scientists figure out how to produce metallic iron on Mars

The process involves combining processed air, dirt and sunlight on Mars to create metallic iron.

Staff Writer | August 7, 2022 | 5:44 am

Iron ore price rises as China demand worries ease

A recovery in steel margins in China eased concerns over weak demand for the metal.

MINING.COM Staff Writer | August 5, 2022 | 9:04 am

Rio Tinto not concerned about Chinese ore-buying company

China is exposed to international iron ore prices as it must import nearly 80% of its annual consumption.

Reuters | August 5, 2022 | 7:47 am

Iron ore price falls as property crisis threatens to drag down steel industry

Almost a third of China’s steel mills could go into bankruptcy in a squeeze that’s likely to last five years, said the chairman of Hebei Jingye Steel Group.

MINING.COM Staff Writer | August 3, 2022 | 8:51 am

Ferrexpo’s half-year profit tumbles on higher costs

The Ukraine-focussed miner saw a hit from higher costs and lower production volumes as it grappled with inflationary woes and energy prices.

Reuters | August 3, 2022 | 8:15 am

Baffinland to terminate 1,100 workers at Mary River iron ore mine

The miner is preparing for two rounds of layoffs to take effect on Sept. 25 and Oct. 11, if it doesn't obtain a permit to continue extracting 6 million tonnes of iron ore a year.

Cecilia Jamasmie | August 3, 2022 | 3:57 am

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