2022 – a year of rebalancing for metals and mining

“The most likely outcome is an environment where commodity prices can settle from the extraordinary highs of 2021. But there are plenty of risks to this outlook," says Wood Mackenzie.

Wood Mackenzie | January 24, 2022 | 5:10 pm

Fortescue reports rise in shipments but flags labour shortage

The world's fourth-largest iron ore miner said it shipped 47.5mt of the steel-making commodity in the December quarter.

Reuters | January 24, 2022 | 3:03 pm

Fortescue to buy Williams Advanced Engineering for $222m

Fortescue Future Industries and WAE will work together to decarbonise Fortescue.

Reuters | January 23, 2022 | 2:18 pm

Vale expects to pay $1.65 billion in Brumadinho reparations in 2022

The amount does not include the figure the company will spend on individual compensations, which are being negotiated.

Reuters | January 21, 2022 | 1:35 pm

Iron ore price posts third weekly gain on strong demand hopes

"There is strong anticipation that steel production will resume in the medium term," SinoSteel Futures analysts said.

MINING.COM Staff Writer | January 21, 2022 | 9:16 am

Commodities to veer between China hopes, pandemic fears

If 2021 was a year of volatility and uneven performances for commodities, then 2022 is shaping up as a rinse and repeat as uncertainty over the pandemic recovery remains the dominant theme, writes Clyde Russell.

Reuters | January 21, 2022 | 8:26 am

Fortescue warns shut Western Australia borders may worsen labour shortage

The country's largest state, home to the resource-rich Pilbara region, cancelled plans to reopen its borders on Feb. 5 due to health risks from the Omicron coronavirus variant.

Reuters | January 21, 2022 | 7:50 am