Brazil reviews caves decree in potential boon for mining and energyVale sees a potential to unlock 1.6 billion tonnes of iron ore reserves if the government tweaks rules around mining in caves.Bloomberg News | October 16, 2024 | 8:12 am
Brazil’s CSN to sell up to 11% of mining unit to Japan’s ItochuThe potential transaction still depends on additional corporate and antitrust…Reuters | October 16, 2024 | 7:19 am
Vale posts highest quarterly iron ore output since 2018The company, one of the world's largest iron ore producers,…Reuters | October 15, 2024 | 3:48 pm
Mining powerhouse Australia to tighten up exploration rules No mining entity listed on the ASX will be exempt from the changes, which are expected to take effect next year, according to JORC committee chair. Bloomberg News | July 31, 2024 | 4:23 pm
Rio Tinto’s Simfer, Wabtec Sign $277 million Guinea train pact Simfer is a joint venture formed by Rio Tinto, Aluminum Corp. of China Ltd., known as Chinalco, and the Guinean government. Bloomberg News | July 31, 2024 | 12:20 pm
BHP says iron ore supply not affected by minor rail car incident According to the company, two cars derailed at a railyard near Port Hedland in Western Australia. Reuters | July 31, 2024 | 6:56 am
Rio Tinto open to major acquisitions to meet copper goals CEO Jakob Stausholm noted that buying quality assets in the current “hot market” would be “seriously" expensive. Cecilia Jamasmie | July 31, 2024 | 4:35 am
Rio Tinto half-year profit meets estimates, expects good demand in China The world's largest iron ore producer reported underlying earnings of $5.8 billion for the six months. Reuters | July 30, 2024 | 3:22 pm
Guinea cuts president’s term to five years in draft constitution In addition to being the world’s top exporter of bauxite, Guinea also has the world’s largest untapped iron ore deposit. Bloomberg News | July 30, 2024 | 8:44 am
Fortescue slumps as Capital Group sells $1.2 billion stake The trade represents about 100 million shares, representing around 3.2% of securities on issue. Bloomberg News | July 29, 2024 | 5:18 pm
Guinea’s Simandou iron ore project seen aiding climate goal “With an iron content of nearly 65% and few impurities, Simandou project will make Guinea a key player,” Rio says. Bloomberg News | July 29, 2024 | 2:58 pm
China’s COSCO Shipping, Fortescue to build green fuel supply chain The memorandum of understanding includes exploring deployment of green ammonia-fueled vessels to transport iron ore in the China-Australia iron ore corridor. Reuters | July 29, 2024 | 6:54 am