Rio Tinto halts Simandou after fatal accidentThe contractor's death at the massive iron ore project in Guinea is the fifth fatality at the mining giant’s global operations this year.Staff Writer | October 28, 2024 | 8:53 am
Mining vs AI – It’s not even closeNvidia throws shade on the entire global mining industry.Frik Els | October 28, 2024 | 6:51 am
Mineral Resources says investigation of founder to finish by next weekThe company’s shares slumped 26% last week after reports of…Bloomberg News | October 27, 2024 | 2:43 pm
Trafigura’s top China iron ore traders leave group The departures came after global prices of the key steel-making ingredient tumbled almost 40%. Reuters | September 6, 2024 | 6:45 am
Mesabi Metallics claims court victory in antitrust case over Minnesota iron ore project In the antitrust suit, Mesabi alleges that Cleveland-Cliffs unlawfully impeded it from building its iron ore mine and pelletizing plant in Minnesota. Staff Writer | September 5, 2024 | 3:16 pm
Nippon Steel seeks to address concerns on US Steel deal Nippon also disclosed it had hired former US House majority leader Dick Gephardt to assist in its efforts. Reuters | September 5, 2024 | 2:02 pm
Iron ore price sinks as steel group warns of ‘flash in a pan’ recovery Iron ore slumped to its lowest level since 2022 and traded near $90 a ton. Bloomberg News | September 5, 2024 | 9:26 am
Liberia conditionally lifts shutdown order on China Union’s iron ore mines China Union took over the Bong Mines, located around 150 km northeast of the capital Monrovia, with a $2.6 billion investment in 2008. Reuters | September 4, 2024 | 2:08 pm
Biden close to blocking Nippon Steel deal to buy US Steel US Steel warned earlier that a failure to merge with Nippon Steel would put thousands of jobs at risk. Reuters | September 4, 2024 | 11:04 am
Trafigura strikes $400 million cash-for-iron ore deal With MinRes For Trafigura, the deal represents the latest step in a push into iron ore trading. Bloomberg News | September 4, 2024 | 9:29 am
Iron ore price tumbles toward $90 on weak Chinese steel outlook The most actively traded January iron ore contract on China's Dalian Commodity Exchange hit its lowest level since August 2023. Staff Writer | September 4, 2024 | 7:51 am
US Steel warns Nippon deal failure would put thousands of jobs at risk Vice President Kamala Harris on Monday said she wants US Steel to remain "American owned and operated." Reuters | September 4, 2024 | 6:54 am