Iron Ore Top Stories

Australia risks losing its iron ore dominance, Fortescue CEO says

Australia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply.

Reuters | October 28, 2024 | 5:54 pm

Vale, Jinnan invest $627m in iron ore plant in Oman

Facility in the port city of Sohar will process 18…

Staff Writer | October 28, 2024 | 10:05 am

AstroForge secures first-ever commercial license for asteroid mission

Odin will become the first private mission to fly by…

Staff Writer | October 28, 2024 | 9:53 am

Rio Tinto halts Simandou after fatal accident

The contractor's death at the massive iron ore project in…

Staff Writer | October 28, 2024 | 8:53 am

Mining vs AI – It’s not even close

Nvidia throws shade on the entire global mining industry.

Frik Els | October 28, 2024 | 6:51 am

Fortescue chairman urges shift to “real zero” emissions by 2040

Fortescue Chairman calls for the world to abandon the "fantasy" of net zero by 2050 and aim for "real zero" by 2040.

MINING.COM Staff Writer | October 2, 2024 | 8:54 am

Uganda sets up state-owned firm to take stakes in mining operations

All mining activities in the east African country have previously been done by private firms after obtaining exploration and mining licenses.

Reuters | October 2, 2024 | 4:16 am

Canada to hit Chinese steel and aluminum with tariffs on Oct. 22

Country published a list of dozens of Chinese steel and aluminum products on which it will place a 25% tariff, starting in three weeks.

Bloomberg News | October 1, 2024 | 2:27 pm

Australian mine fight reignites Aboriginal heritage tensions

A decision by Environment Minister under a rarely used Aboriginal heritage protection law has stoked an outcry from mining groups.

Reuters | October 1, 2024 | 1:26 pm

Iron ore futures surge to nearly 3-month high on China’s fresh property stimulus

China's central bank on Sunday said it would tell banks to lower mortgage rates for existing home loans before Oct. 31.

Reuters | September 30, 2024 | 7:57 am

Australia revises down commodity revenue forecasts as prices trend lower

Australia's largest export iron ore has been particularly hard hit by the slowdown in the Chinese property sector.

Reuters | September 29, 2024 | 9:46 am

Sugar giant Cosan mulls selling Vale stake on leverage woes

Cosan has a 4.1% interest in the iron ore producer.

Bloomberg News | September 29, 2024 | 9:19 am

India’s iron ore production jumps by 7.4% in April-August

Iron ore accounts for 70% of the total mineral production by value in India.

Reuters | September 28, 2024 | 4:24 pm

Mercuria blazes trail for energy traders eyeing a metals bonanza

As of Sept. 25, Mercuria was advertising four metals-related jobs on LinkedIn.

Reuters | September 27, 2024 | 10:11 am

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