Bank of America forecasts copper price above $10,000, iron ore price below $80 by 2025While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand.Staff Writer | September 17, 2024 | 10:07 am
Brazil confirms potential $18 billion deal with miners involved in deadly dam disasterThe collapse of the dam at a Samarco iron ore…Reuters | September 17, 2024 | 7:34 am
Vale says routine check revealed cracks in dam, stability unchangedIn a securities filing, the company said the issue concerns…Reuters | September 14, 2024 | 4:02 pm
ArcelorMittal says dissident workers still protesting in Mexican plant ArcelorMittal announced on Thursday the end ofthe blockade at its facilities in the southern state of Michoacan. Reuters | July 19, 2024 | 9:25 am
Column: China’s commodity import trend driven by prices, not economy China's imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world's second-biggest economy. Reuters | July 18, 2024 | 2:05 pm
Anglo’s sale of De Beers hindered by diamond market state Anglo American has warned of more production cuts at De Beers due to reduced spending by Chinese consumers prolonging the market downturn. Cecilia Jamasmie | July 18, 2024 | 4:33 am
Iron ore majors ramp up supply even as China faces challenges Iron ore is one of the year’s worst performing major commodities, slumping by almost a quarter as China’s property crisis drags on. Bloomberg News | July 17, 2024 | 10:31 am
Iron ore price slumps to 3-week low on weak China demand, strong global supply Property investment in China fell 10.1% in the first half of 2024 from a year earlier. Reuters | July 17, 2024 | 7:31 am
Fortescue cuts 700 jobs, slows down green hydrogen plans Fortescue is revising plans to become a major green hydrogen producer, citing high energy costs as the main reason for restructuring and layoffs. Cecilia Jamasmie | July 17, 2024 | 6:09 am
Rio Tinto names Shell’s Katie Jackson as new copper chief Jackson, who is the current president of National Grid Ventures, an energy group, joins Rio Tinto on September 1. Cecilia Jamasmie | July 17, 2024 | 3:33 am
Rinehart’s Hancock weighs $3.3 billion iron ore mine project Hancock acquired a 51% interest in the Mt Bevan project from Legacy Iron Ore Ltd. and Hawthorn Resources. Bloomberg News | July 16, 2024 | 3:59 pm
BHP posts second straight year of record iron ore production, beats estimates The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30. Reuters | July 16, 2024 | 3:41 pm