Rio Tinto cancels plans to sell or take public its Canadian iron ore unit

Miner failed to settle on a suitable price with potential buyers.

Cecilia Jamasmie | September 30, 2019 | 2:26 am

Ferrexpo shares tumble after CEO suspected of embezzlement

Authorities suspect the company’s billionaire chief Kostyantin Zhevago has been engaged in money laundering and the embezzling of funds from a bank he formerly owned.

Bloomberg News | September 28, 2019 | 10:08 pm

China now produces 56% of the world’s steel

Chinese production up 9.4% so far this year, despite Beijing's pollution fight and slowing construction.

Frik Els | September 27, 2019 | 2:27 pm

ArcelorMittal to review Canada, Brazil iron assets

Move comes as the world’s biggest steelmaker seeks to cut debt by divesting non-core businesses.

Bloomberg News | September 27, 2019 | 6:11 am

Access to water one of miners’ biggest challenges ahead — study

Despite successful efforts to manage water usage more efficiently, tougher environmental rules are increasing miners’ costs and risks, particularly those operating in arid regions or close to populated communities.

Cecilia Jamasmie | September 26, 2019 | 9:45 am

Vale to launch new iron ore product in Q1 2020

GF88 is a high-grade iron ore product, produced by grinding Vale's flagship Carjas IOCJ 65% Fe fines.

Reuters | September 26, 2019 | 8:47 am

Rio strikes deal with Chinese partners to cut steel-making emissions

The partnership with China Baowu Steel Group and Tsinghua University seeks to develop new ways to cut carbon emissions along the steelmaking supply chain.

Cecilia Jamasmie | September 25, 2019 | 8:52 am