China’s steel demand has shrunk to less than half global totalChina 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 helpThe reductions in two key rates were larger than economists…Bloomberg News | October 21, 2024 | 7:04 am
Australia’s MinRes probes payments to tycoon founderChris Ellison, who has a large stake in the miner,…Bloomberg News | October 20, 2024 | 4:46 pm
Vale expects to close deal over Brazil dam collapse in October Last week, Reuters reported that Vale, BHP and their joint venture Samarco could soon reach such an agreement to pay around 100 billion reais. Reuters | September 11, 2024 | 4:35 pm
Vale raises forecast for 2024 iron ore production amid weak prices The company slightly lowered its forecast for nickel output in 2024. Staff Writer | September 11, 2024 | 9:50 am
Nippon Steel, US Steel make last-ditch effort to win US nod The meeting comes amid bipartisan opposition to the deal by Donald Trump and Kamala Harris. Reuters | September 11, 2024 | 7:46 am
MinRes gets review board’s nod for stake sale in Onslow Iron project The company reported an 80% slump in its annual profit in August. Reuters | September 10, 2024 | 7:09 am
First Phosphate selects Quebec site for 10,000-tonne iron phosphate plant The plant will serve as part of First Phosphate’s vertically integrated operation. Staff Writer | September 9, 2024 | 10:18 am
Iron ore sell-off deepens as global growth fears hit commodities Iron ore sank below $90 a ton for the first time since 2022 on Monday. Bloomberg News | September 9, 2024 | 9:52 am
Norge Mining confirms viability of critical minerals project with pre-feasibility study The PFS gives the one zone of the Eigersund project a net present value of $2.01 billion. Staff Writer | September 9, 2024 | 9:19 am
Australia should address miners’ concerns, industry group says There are growing tensions between Prime Minister Albanese’s center-left government and the mining sector on various policies. Bloomberg News | September 9, 2024 | 6:59 am
Vale, BHP, Samarco could close $18bn deal over Brazil dam collapse Sources expect a final agreement to be reached in October. Reuters | September 6, 2024 | 12:10 pm