Iron ore price retreats as mounting concerns on weakening steel demand weigh

It fell below the key psychological level of $100 a ton to hit an intraday low at $99.8 earlier in the session.

Reuters | October 22, 2024 | 1:26 am

China’s steel demand has shrunk to less than half global total

China will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel Association.

Bloomberg News | October 21, 2024 | 11:18 am

Metals drop on higher dollar; traders weigh China lending help

The reductions in two key rates were larger than economists had expected.

Bloomberg News | October 21, 2024 | 7:04 am

Liability trial for BHP in Samarco dam collapse begins in London

BHP faces a potential $47 billion payout in damages over the 2015 Mariana dam disaster, as a 12-week trial kicks off.

Cecilia Jamasmie | October 21, 2024 | 3:26 am

Australia’s MinRes probes payments to tycoon founder

Chris Ellison, who has a large stake in the miner, said that the company set up offshore entities more than 20 years ago that supplied Mineral Resources with mining equipment.

Bloomberg News | October 20, 2024 | 4:46 pm

Brazil to seal $30 billion compensation deal with BHP, Vale over 2015 dam collapse

As of Friday, the negotiations between the parties were ongoing and no final agreement has been reached on the settlement amount or terms.

Staff Writer | October 18, 2024 | 2:32 pm

How resource ‘classification debt’ chips away at miners’ growth and investor trust

Over the past decade, resource misclassification has saddled the mining industry with a costly problem.

Henry Lazenby - The Northern Miner | October 18, 2024 | 2:00 pm

Canada firms can request temporary relief from tariffs on China EVs, metals

The measure is designed to help firms adjust their supply chains to cope with the new tariffs.

Reuters | October 18, 2024 | 12:25 pm

Petrobras inks deal to supply Vale fuel with renewable content

Petrobras and Vale are two of Latin America's largest companies by market value.

Reuters | October 18, 2024 | 10:00 am

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Vale aims to go down-market on iron ore

Iron ore price gains as China stimulus hopes outweigh worries of escalating trade tensions

Rio Tinto unveils lithium resource at Rincon project

Vale sees China steel production declining, other regions to grow

Fortescue awarded A$10 million to support development of 6MW truck chargers

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