China’s COSCO Shipping, Fortescue to build green fuel supply chain

The memorandum of understanding includes exploring deployment of green ammonia-fueled vessels to transport iron ore in the China-Australia iron ore corridor.

Reuters | July 29, 2024 | 6:54 am

Building the market for sustainable metals

The first generation of metals produced with little or no carbon emissions is headed to market.

By Mattias C. Karlsson and Erik Pedersen - Bain & Company | July 28, 2024 | 8:09 am

Indigenous groups block Vale’s Carajás Railroad in Pará

The miner has an injunction to release the Carajás Railroad, used to transport iron ore produced from the Northern System.

Bruno Venditti | July 26, 2024 | 9:11 am

Vale on track to hit top end of iron ore guidance, CEO says

Vale guidance for iron ore production in 2024 is between 310 million and 320 million tonnes.

Staff Writer | July 26, 2024 | 8:49 am

Vale says Q2 net profit triples, iron ore sales up

The net profit was 65% higher than in the first quarter, when it totaled $1.68 billion.

Reuters | July 25, 2024 | 3:53 pm

Brazil government mulls ‘tougher measures and sanctions’ on Vale, minister says

Brazil's government has regularly criticized the miner for two dam collapses in Minas Gerais state, and for not investing enough in the country.

Reuters | July 25, 2024 | 11:28 am

Iron ore price drops further as strong supply, China steel sell-off weigh

The most-traded September iron ore contract on China's Dalian Commodity Exchange fell for a fifth straight session.

Reuters | July 25, 2024 | 8:57 am

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.

Cecilia Jamasmie | July 25, 2024 | 3:46 am

Fortescue to step up energy spending despite job cuts

"We see a massive potential in green iron industry out of Australia, supplying China," CEO says.

Reuters | July 24, 2024 | 5:10 pm

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New Vale CEO set to earn up to $11 million annually

Fortescue chairman urges shift to “real zero” emissions by 2040

Uganda sets up state-owned firm to take stakes in mining operations

Canada to hit Chinese steel and aluminum with tariffs on Oct. 22

Australian mine fight reignites Aboriginal heritage tensions

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