Iron ore price rises as output in Chinese steel mills hits highest since October 2020Daily hot metal output among 247 steel mills surveyed by Mysteel climbed to the highest level since October 2020.Staff Writer | September 28, 2023 | 9:25 am
Vedanta preparing to de-merge sprawling operationsShares in Vedanta Ltd. have fallen by more than a…Bloomberg News | September 27, 2023 | 11:49 am
China scoops up cheap Indian iron ore in bid to trim steel costsIndian iron ore exports have surged as steel mills switched…Bloomberg News | September 26, 2023 | 8:17 am
Top three Aussie miners to shed $11bn in market value as commodity rout accelerates BHP and Rio Tinto are trading at a one-month low, while Fortescue is at a three-month low. Reuters | June 20, 2022 | 3:43 am
Guinea gives Simandou iron ore mine developers 14-day deadline Guinea has grown increasingly impatient with the companies that control the giant Simandou deposit. Reuters | June 19, 2022 | 10:18 am
Iron ore price hits six-month low on plunging China steel margins Chinese steel mills are opting to reduce output amid weak profits and deteriorating demand prospects. MINING.COM Staff Writer | June 17, 2022 | 7:59 am
Mexico union strikes at ArcelorMittal plant over profit sharing Union said the company was refusing to share 10% of profits from the 2021 fiscal year among over 3,500 direct employees. Reuters | June 16, 2022 | 7:34 am
Ukraine steelmaker says Russia is taking metal from Mariupol The alleged thefts would fit a pattern of Russia targeting commodity hubs that provided Ukraine with vital export revenues. Bloomberg News | June 15, 2022 | 11:22 am
Fortescue teams up with Liebherr for green-haul trucks Miner will buy 120 green-haul trucks, replacing about 45% of its current fleet as it pushes towards decarbonizing its operations. Reuters | June 15, 2022 | 7:30 am
Rio Tinto starts iron ore deliveries from Gudai-Darri mine The capital cost of the mine, which is expected to have a life of over 40 years, is estimated to be $3.1 billion. Reuters | June 14, 2022 | 4:46 pm
Iron ore price down ahead of China’s central bank rate announcement Market focus has turned to the People's Bank of China, which could cut the rate on its medium-term lending facility on Wednesday. MINING.COM Staff Writer | June 14, 2022 | 8:50 am
Samarco, creditors to discuss restructuring proposals on June 21 Creditors rejected the company's last proposal on April 18 and filed an alternative plan a month later. Reuters | June 14, 2022 | 7:17 am