Iron ore price hits 3-week low on firmer supply, softer steel outlookChina unveiled tax incentives on home and land transactions on Wednesday, aiming to support its crisis-hit property market.Reuters | November 14, 2024 | 7:25 am
Australia may lose $45 billion amid green steel rush, report saysAustralia accounts for 56% of seaborne iron ore trade.Reuters | November 14, 2024 | 7:07 am
South African labour union to strike at ArcelorMittal over job cutsAfrica's biggest steel producer was rocked by a two-week wage…Reuters | November 13, 2024 | 1:39 pm
Canada to hit Chinese steel and aluminum with tariffs on Oct. 22 Country published a list of dozens of Chinese steel and aluminum products on which it will place a 25% tariff, starting in three weeks. Bloomberg News | October 1, 2024 | 2:27 pm
Australian mine fight reignites Aboriginal heritage tensions A decision by Environment Minister under a rarely used Aboriginal heritage protection law has stoked an outcry from mining groups. Reuters | October 1, 2024 | 1:26 pm
Iron ore futures surge to nearly 3-month high on China’s fresh property stimulus China's central bank on Sunday said it would tell banks to lower mortgage rates for existing home loans before Oct. 31. Reuters | September 30, 2024 | 7:57 am
Australia revises down commodity revenue forecasts as prices trend lower Australia's largest export iron ore has been particularly hard hit by the slowdown in the Chinese property sector. Reuters | September 29, 2024 | 9:46 am
Sugar giant Cosan mulls selling Vale stake on leverage woes Cosan has a 4.1% interest in the iron ore producer. Bloomberg News | September 29, 2024 | 9:19 am
India’s iron ore production jumps by 7.4% in April-August Iron ore accounts for 70% of the total mineral production by value in India. Reuters | September 28, 2024 | 4:24 pm
Mercuria blazes trail for energy traders eyeing a metals bonanza As of Sept. 25, Mercuria was advertising four metals-related jobs on LinkedIn. Reuters | September 27, 2024 | 10:11 am
Fortescue, Liebherr secure orders for 100 electric mining trucks The two companies signed a $2.8 billion partnership to supply 360 of the trucks to Fortescue. Reuters | September 27, 2024 | 6:51 am
BHP to test Caterpillar’s new energy transfer system on its mining trucks The new technology transfers energy to diesel-electric and battery-electric large mining trucks while they are working on a mine site. Reuters | September 25, 2024 | 5:17 pm