Iron ore futures surge to nearly 3-month high on China’s fresh property stimulusChina's central bank on Sunday said it would tell banks to lower mortgage rates for existing home loans before Oct. 31.Reuters | September 30, 2024 | 7:57 am
Australia revises down commodity revenue forecasts as prices trend lowerAustralia's largest export iron ore has been particularly hard hit…Reuters | September 29, 2024 | 9:46 am
India’s iron ore production jumps by 7.4% in April-AugustIron ore accounts for 70% of the total mineral production…Reuters | September 28, 2024 | 4:24 pm
Fortescue forecasts higher annual iron ore shipments Production was higher due to the implementation of a recovery plan in response to the ore car derailment and weather disruptions. Reuters | July 24, 2024 | 4:33 pm
Vale to develop low-carbon mega hubs in Brazil, US, and Middle East within a year Three projects were already announced for Oman, Saudi Arabia, and the United Arab Emirates. Staff Writer | July 24, 2024 | 8:45 am
BHP must stop funding legal action to halt Mariana dam claim, London court rules The miner must stop funding legal action to prevent a $46 billion claim over the dam collapse. Staff Writer | July 23, 2024 | 10:24 am
Kumba Iron Ore sees new South Africa government open to rail reform The Anglo subsidiary was already working with the previous administration on ways to improve the crucial infrastructure. Bloomberg News | July 23, 2024 | 9:01 am
Iron ore price buckles below $100 as China’s Plenum fails to inspire The steelmaking material slid as much as 3.5% to touch $99.85 in Singapore, with futures on track for a third day of losses. Bloomberg News | July 23, 2024 | 7:59 am
Nippon Steel to dissolve JV with China’s Baoshan after 20 years The joint venture was producing and selling cold-rolled steel sheets and hot-dip galvanized steel sheets for automotive use in China. Reuters | July 23, 2024 | 7:06 am
Vale Base Metals appoints mining veteran Shaun Usmar as CEO Usmar has more than 30 years of industry experience, with his latest role being founder and CEO of Triple Flag Precious Metals. Cecilia Jamasmie | July 23, 2024 | 3:49 am
Earth’s largest iron ore deposits are a billion years younger than believed, research reveals Researchers found the Hamersley deposits in Western Australia formed between 1.4 and 1.1 billion years ago, rather than 2.2 billion years ago as previously estimated. Staff Writer | July 22, 2024 | 3:58 pm
Anglo American to sell two assets to Taurus Funds for up to $195 million Anglo plans to divest less profitable assets and focus on expanding copper output. Reuters | July 22, 2024 | 7:01 am