Iron Ore Top Stories

Weaker growth and mining slowdown pressuring Australia, Treasurer says

Earnings from iron ore, Australia’s major export, are forecast to decline on waning prices that have dropped about a quarter this year.

Bloomberg News | December 15, 2024 | 11:11 am

US foreign investment panel split on Nippon-US Steel deal

CFIUS has until Dec. 22 to make a decision on…

Reuters | December 15, 2024 | 10:30 am

BHP seeks Brazil growth to emerge from shadow of mining disaster

BHP is assessing the future of copper mines inherited from…

Bloomberg News | December 13, 2024 | 10:56 am

Iron ore posts weekly gain as investors assess fresh Beijing stimulus

Beijing pledged on Thursday to increase its budget deficit, issue…

Reuters | December 13, 2024 | 7:23 am

Vale invests in US startup as part of decarbonization push

The firm, Electrified Thermal Solutions, owns technology for heating industrial…

Reuters | December 12, 2024 | 9:52 am

Vale aims to go down-market on iron ore

The miner plans to offer more lower-quality iron ore to adapt to the needs of a battered steel industry.

Bloomberg News | December 4, 2024 | 9:35 am

Iron ore price gains as China stimulus hopes outweigh worries of escalating trade tensions

Hopes of more fiscal stimulus from the upcoming Central Economic Work Conference in China helped prices.

Reuters | December 4, 2024 | 7:00 am

Rio Tinto unveils lithium resource at Rincon project

It would produce 53,000 tonnes of battery-grade lithium carbonate annually over a 40-year mine life, with plans to expand to 60,000 tpy.

Cecilia Jamasmie | December 4, 2024 | 3:43 am

Vale sees China steel production declining, other regions to grow

The company said it will adjust its distribution network to answer to the geographical changes on global steel production.

Reuters | December 3, 2024 | 10:27 am

Fortescue awarded A$10 million to support development of 6MW truck chargers

According to the company, the new chargers are capable of charging 240-tonne battery electric trucks in just under 30 minutes.

Staff Writer | December 3, 2024 | 10:00 am

Steel industry will take more time to decarbonize, says Vale CEO

The miner reported an output of about 328 million tonnes this year.

Reuters | December 3, 2024 | 9:46 am

Trump reiterates opposition to Nippon Steel’s takeover of US Steel

Nippon Steel hopes to close the deal before Trump retakes the White House on January 20.

Reuters | December 3, 2024 | 6:51 am

Column: US targets scrap to close the critical minerals gap

As the US government is discovering, investing in new scrap processing capacity is far cheaper and greener than building new mines.

Reuters | November 29, 2024 | 9:53 am

ArcelorMittal blames EU policy gaps for green plans delay

The world’s second-largest steelmaker said further steps are contingent on favourable policy, technological progress, and market conditions.

Cecilia Jamasmie | November 28, 2024 | 3:47 am

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