Iron Ore Top Stories

Friedland considers floating African iron ore company on ASX

The IPO, expected before June 2025, seeks to raise capital for acquiring "overlooked" critical minerals projects in Australia.

MINING.COM Editor | November 12, 2024 | 6:33 am

Vale signs deals for free market natural gas supply

Under the free energy market, Vale will be able to…

Reuters | November 12, 2024 | 5:39 am

Mubadala prepares for sale of Brazil’s Porto Sudeste, Mina Gerais iron ore mines

Formed in 2016, the project includes two mines and their…

Reuters | November 11, 2024 | 10:22 am

Australian iron ore giants’ shares sink on disappointing China stimulus

Analysts at Citi last week forecast a grim near-term outlook…

Reuters | November 11, 2024 | 8:36 am

Iron ore price drops back to $100 as China’s latest fix disappoints

Futures declined as much as 2% in Singapore after slumping…

Bloomberg News | November 10, 2024 | 4:46 pm

US Steel confirms arbitration ruling favoring Nippon Steel’s $14.9 billion buyout

The arbitration board ruled that US Steel met the successorship clause conditions in its labor agreement with the United Steelworkers union.

Staff Writer | September 25, 2024 | 9:36 am

Iron ore price jumps to over three-week high on China stimulus, soft global supply

China's central bank on Wednesday lowered the cost of its medium-term loans to banks.

Reuters | September 25, 2024 | 6:20 am

Investors rush into Australian miners on China stimulus boost

The mining sub-index has rallied 6% over the past two sessions.

Reuters | September 25, 2024 | 6:15 am

Fortescue electrifies iron ore trucks in $2.8 billion deal

The miner will buy 475 emissions-free machines, including 360 autonomous battery-electric trucks.

Bloomberg News | September 24, 2024 | 3:42 pm

Iron ore price posts steepest daily rise in over 1 year on fresh China stimulus

China's central bank unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk.

Reuters | September 24, 2024 | 6:17 am

ArcelorMittal halts steel plant expansion in Brazil

Increasing steel imports, especially from China, are affecting local demand says ArcelorMittal.

Staff Writer | September 24, 2024 | 4:41 am

Top miners’ reclamation obligations could surpass industry’s total debt by 2033

Environmental reclamation and site restoration costs for 24 major mining companies reached $72 billion in 2023, up from $40 billion in 2013.

Staff Writer | September 23, 2024 | 10:43 am

Iron ore price hits over 1-year low on soft China demand prospects, firmer supply

Stainless steel exports in China hit a record high in August.

Reuters | September 23, 2024 | 6:58 am

Incoming CEO of Vale to start Oct. 1

In August, Vale named Gustavo Pimenta, currently chief financial officer of the firm, to the post.

Reuters | September 20, 2024 | 7:58 pm

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