Fortescue, Liebherr secure orders for 100 electric mining trucksThe two companies signed a $2.8 billion partnership to supply 360 of the trucks to Fortescue.Reuters | September 27, 2024 | 6:51 am
BHP to test Caterpillar’s new energy transfer system on its mining trucksThe new technology transfers energy to diesel-electric and battery-electric large…Reuters | September 25, 2024 | 5:17 pm
Iron ore price jumps to over three-week high on China stimulus, soft global supplyChina's central bank on Wednesday lowered the cost of its…Reuters | September 25, 2024 | 6:20 am
Nippon Steel hires Mike Pompeo to advise on US Steel deal Nippon Steel also faces objections from the powerful United Steelworkers (USW) union, which fears the deal could lead to job losses. Reuters | July 20, 2024 | 7:57 pm
Will Guinea’s Simandou iron ore mine be the ‘Pilbara killer’? Simandou, one of the world’s most significant iron ore developments, is set to challenge the Pilbara’s dominance soon. James Cooper | July 19, 2024 | 12:15 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