Iron Ore Top Stories

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…

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…

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…

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…

Reuters | September 4, 2024 | 2:08 pm

Latest Stories

Vale reports second board exit in four months amid CEO search

On Monday, the miner reported the resignation of Vera Marie Inkster.

Reuters | July 1, 2024 | 4:05 pm

Tata Steel workers in UK suspend strike action in favour of talks

Workers at the Port Talbot and Llanwern sites in Wales, represented by the Unite union, are locked in a dispute with India-owned Tata Steel over its decision to close the blast furnaces and cut up to 2,800 jobs.

Reuters | July 1, 2024 | 11:54 am

Iron ore price at almost 2-week high on better China data, stimulus hopes

The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 2.5% higher.

Reuters | July 1, 2024 | 8:55 am

Brazil’s Lula says deal with Vale on Mariana disaster ‘90% done’

The offer unveiled earlier this month was less than the government's target, but Vale has expressed hope that a "consensus" would be achieved by the end of month.

Reuters | June 28, 2024 | 10:03 am

Claimants for deadly Mariana dam collapse file injunction against BHP, Vale

The claimants allege the companies asked the Brazilian Mining Association to make the claim at the Supreme Court.

Reuters | June 27, 2024 | 11:04 am

Top four iron ore miners’ carbon emissions reduction promises

Rio Tinto's Vale's, BHP's and Fortescue's net zero targets.

Reuters | June 26, 2024 | 1:02 pm

Norge Mining awarded vanadium, titanium and iron ore extraction rights in Norway

The company's application for extraction rights represents one of the first projects to go through the Norwegian government’s “fast-track” process.

Staff Writer | June 26, 2024 | 12:45 pm

Vale sells $1 billion in return to global debt markets

Vale last tapped global markets in June of 2023, with a $1.5 billion sale of bonds.

Bloomberg News | June 26, 2024 | 6:56 am

Iron ore price extends gains on sustained China demand, property stimulus

Beijing on Wednesday lowered the minimum down payment ratio for first home buyers to no less than 20%.

Reuters | June 26, 2024 | 6:42 am

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