Rio Tinto signs MOU with China’s Nanjing Steel on decarbonizationUpstream mining giants have accelerated cooperation with their big consumers on decarbonizing the steel value chain to cope with climate change.Reuters | October 25, 2024 | 7:49 am
Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore pricesVale reported a 10% decline in its net revenue year-on-year…Reuters | October 24, 2024 | 5:46 pm
Fortescue posts 4% rise in first-quarter iron ore shipmentsThe Perth-based miner also reaffirmed its iron ore shipments guidance…Reuters | October 23, 2024 | 3:30 pm
Iron ore price hits over 1-year low on soft China demand prospects, firmer supply Stainless steel exports in China hit a record high in August. Reuters | September 23, 2024 | 6:58 am
Incoming CEO of Vale to start Oct. 1 In August, Vale named Gustavo Pimenta, currently chief financial officer of the firm, to the post. Reuters | September 20, 2024 | 7:58 pm
Nippon Steel to sell $211 million in assets to manage debt amid US Steel deal Nippon Steel plans to sell at least 30 billion yen in assets including real estate and inventories. Reuters | September 20, 2024 | 7:33 am
Rinehart’s Hancock Prospecting secures permit for McPhee iron ore mine The McPhee Creek project, about 100km north of Rinehart's Roy Hill mine, was originally slated to begin ore production in 2023. Staff Writer | September 20, 2024 | 4:04 am
First Phosphate touts battery acid from Quebec rock ‘rarer than gold’ First Phosphate (CSE: PHOS) has posted an initial phosphate resource for its Bégin-Lamarche project in Quebec after choosing a plant site to […] Colin McClelland - The Northern Miner | September 19, 2024 | 3:02 pm
Iron ore price climbs on China stimulus hopes, softer stockpiles China is widely expected to trim its main policy and benchmark lending rates on Friday. Reuters | September 19, 2024 | 6:47 am
White House says review of Nippon Steel’s proposed purchase of US Steel ongoing A source told Reuters this week that the US national security panel reviewing Nippon Steel's $14.9 billion bid. Reuters | September 18, 2024 | 1:26 pm
US decision on Nippon’s bid for US Steel pushed back until after election CFIUS needs more time to understand the impact of national security and engage with the parties, the Reuters source added. Reuters | September 17, 2024 | 4:33 pm
US Steel CEO confident Nippon Steel deal will close ‘on its merits’ The companies countered in a 100-page letter that the deal would enhance US national security. Reuters | September 17, 2024 | 11:46 am