Mercuria blazes trail for energy traders eyeing a metals bonanzaAs 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 trucksThe two companies signed a $2.8 billion partnership to supply…Reuters | September 27, 2024 | 6:51 am
US Steel confirms arbitration ruling favoring Nippon Steel’s $14.9 billion buyoutThe arbitration board ruled that US Steel met the successorship…Staff Writer | September 25, 2024 | 9:36 am
Indian state-run miner NMDC’s Q1 profit tops estimates on higher prices Profit for the country's largest state-owned iron ore miner swelled 20% from a year earlier. Reuters | August 12, 2024 | 11:04 am
Iron ore miners face pay rise bid from Australian worker unions Unions representing tens of thousands of workers in Australia’s major iron ore hub are preparing to negotiate potential wage rises. Bloomberg News | August 12, 2024 | 7:17 am
BHP, Rio Tinto, Qantas to invest $53m in Australian carbon credit fund The fund aims to raise $165m to invest in land reforestation projects. Reuters | August 12, 2024 | 7:00 am
China’s Baosteel, Baowu Aluminum, Japan’s Kobe Steel to form JV The new company will produce aluminum sheets for China's domestic automobile manufacturers. Reuters | August 8, 2024 | 6:46 am
Vedanta plans debt refinance to cut funding costs after upgrade The miner is in talks with banks to gauge investor appetite for refinancing a large part of $3 billion of bonds maturing between 2026 and 2028. Bloomberg News | August 5, 2024 | 8:09 am
Iron ore price hits 2-week high on improved Chinese economic outlook Growth in China's services activity accelerated in July, expanding for the 19th straight month. Reuters | August 5, 2024 | 7:47 am
Iron ore price rises to more than 1-week high on upbeat demand outlook Rio Tinto reported higher first-half underlying earnings on Wednesday. Reuters | August 1, 2024 | 6:48 am
Mining powerhouse Australia to tighten up exploration rules No mining entity listed on the ASX will be exempt from the changes, which are expected to take effect next year, according to JORC committee chair. Bloomberg News | July 31, 2024 | 4:23 pm
Rio Tinto’s Simfer, Wabtec Sign $277 million Guinea train pact Simfer is a joint venture formed by Rio Tinto, Aluminum Corp. of China Ltd., known as Chinalco, and the Guinean government. Bloomberg News | July 31, 2024 | 12:20 pm