Rio Tinto and Glencore spoke for months about deal that was once tabooThe news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.Bloomberg News | January 17, 2025 | 2:40 pm
Rio Tinto and Glencore discuss potential mergerA $160 billion Rio Tinto-Glencore combination makes sense in a…Frik Els | January 16, 2025 | 1:46 pm
Iron ore price hits four-week high on lower shipments, softer dollarRio Tinto reported its lowest annual shipments in two years.Reuters | January 16, 2025 | 7:23 am
Column: Structural shifts or price moves? China’s bifurcated commodity imports China's imports of major commodities in 2024 presented a mixed bag, with record volumes of iron ore, coal and natural gas, but weakness in crude oil. Reuters | January 13, 2025 | 8:49 am
Cleveland-Cliffs teams up with Nucor in potential US Steel bid – report Development follows the Biden Administration's decision to block Japan's Nippon Steel from taking over US Steel. Staff Writer | January 13, 2025 | 8:30 am
Malaysia clamps anti-dumping duties on iron, steel from four nations The duties range from 2.52% to 36.80%. Reuters | January 13, 2025 | 6:37 am
China 2024 iron ore imports hit record on resilient demand, steel exports The world's largest iron ore consumer brought in a total of about 1.24 billion metric tons last year. Reuters | January 12, 2025 | 4:18 pm
Iron ore price logs weekly loss on soft demand but China stimulus limits fall Steel consumption has seasonally slowed, denting appetite for feedstocks including iron ore. Reuters | January 10, 2025 | 6:15 am
Column: Global seaborne iron ore had a good 2024, but it’s all China The world's imports increased a modest 3.6% to a record high in 2024, however the boost was nearly totally driven by China. Reuters | January 9, 2025 | 7:14 am
Penguins and red tape: Chile says ‘no’ to $2.5bn Dominga mine again Committee of Ministers said it unanimously rejected the $2.5 billion project in agreement with citizen concerns over biodiversity impacts and worries about potential spills. Reuters | January 8, 2025 | 3:11 pm
Fortescue partners with China Baowu to tackle steel industry decarbonization Fortescue also aims to make all its iron ore products green by 2030. Reuters | January 8, 2025 | 10:09 am
Nippon Steel’s thwarted bid sets up tougher rivalry with Chinese mills Creating an entity to compete more effectively with China was touted as a key rationale behind the Japanese firm’s proposal to purchase US Steel. Bloomberg News | January 7, 2025 | 10:50 am