Steel industry will take more time to decarbonize, says Vale CEOThe miner reported an output of about 328 million tonnes this year.Reuters | December 3, 2024 | 9:46 am
Trump reiterates opposition to Nippon Steel’s takeover of US SteelNippon Steel hopes to close the deal before Trump retakes…Reuters | December 3, 2024 | 6:51 am
ArcelorMittal blames EU policy gaps for green plans delayThe world’s second-largest steelmaker said further steps are contingent on…Cecilia Jamasmie | November 28, 2024 | 3:47 am
Industrial metals slump as sentiment on China demand worsens Prices have faded as government briefings on the Chinese economic policy fell short of expectations. Bloomberg News | October 17, 2024 | 7:45 am
Itochu’s deal to buy stake in Brazil’s CSN Mineracao implies 26% premium CSN announced the deal to sell up to 11% of CSN Mineracao to Itochu early Wednesday. Reuters | October 17, 2024 | 7:38 am
BHP iron ore output beats, copper production edges up on better grades at Escondida The global miner completed the debottlenecking work at the port at its Western Australia operations, boosting iron ore output. Reuters | October 16, 2024 | 3:02 pm
World’s top two iron ore miners raise output even as China slows Rio’s third-quarter output edged up about 1% from a year earlier, while Brazil’s Vale beat estimates to churn out its highest volume since late-2018. Bloomberg News | October 16, 2024 | 10:20 am
Brazil reviews caves decree in potential boon for mining and energy Vale sees a potential to unlock 1.6 billion tonnes of iron ore reserves if the government tweaks rules around mining in caves. Bloomberg News | October 16, 2024 | 8:12 am
Brazil’s CSN to sell up to 11% of mining unit to Japan’s Itochu The potential transaction still depends on additional corporate and antitrust green light. Reuters | October 16, 2024 | 7:19 am
Cosan not looking to sell Vale stake in short term, chairman says Cosan is a Brazilian commodity giant with a stake of just over 4% in Vale. Reuters | October 16, 2024 | 7:13 am
Vale posts highest quarterly iron ore output since 2018 The company, one of the world's largest iron ore producers, reported output of 90.97 million metric tons in the three months through September. Reuters | October 15, 2024 | 3:48 pm
Rio Tinto Q3 iron ore shipments rise, sees first Simandou output in 2025 Rio has reaffirmed its 2024 Pilbara iron ore shipments forecast of between 323 Mt and 338 Mt. Reuters | October 15, 2024 | 3:06 pm