Iron Ore Top Stories

Rio Takes step toward M&A redemption with $6.7 billion lithium bet

Modest by comparison with past splurges, the all-cash deal is a significant and long-awaited expansion of Rio’s bet on lithium.

Bloomberg News | October 12, 2024 | 10:22 am

Iron ore price recovers but posts weekly loss as Beijing stimulus uncertainty weighs

China's finance ministry is scheduled to hold a news conference…

Reuters | October 11, 2024 | 7:42 am

World’s first manufacturing plant for rare-earth-free magnets opens in Minneapolis

“Clean Earth Magnet” technology is manufactured from iron and nitrogen.

Staff Writer | October 10, 2024 | 3:43 pm

Dalian iron ore rebounds on fresh China stimulus hopes, seasonal steel demand

Dalian iron ore futures prices rebounded on Thursday, buoyed by…

Reuters | October 9, 2024 | 10:58 pm

LMFP battery technology breakthrough could increase EV range by 20%, Integrals Power says

The company's LMFP materials feature 80% manganese, instead of the 50-70%…

Staff Writer | October 9, 2024 | 4:02 pm

Latest Stories

Vale to develop low-carbon mega hubs in Brazil, US, and Middle East within a year

Three projects were already announced for Oman, Saudi Arabia, and the United Arab Emirates.

Staff Writer | July 24, 2024 | 8:45 am

BHP must stop funding legal action to halt Mariana dam claim, London court rules

The miner must stop funding legal action to prevent a $46 billion claim over the dam collapse.

Staff Writer | July 23, 2024 | 10:24 am

Kumba Iron Ore sees new South Africa government open to rail reform

The Anglo subsidiary was already working with the previous administration on ways to improve the crucial infrastructure.

Bloomberg News | July 23, 2024 | 9:01 am

Iron ore price buckles below $100 as China’s Plenum fails to inspire

The steelmaking material slid as much as 3.5% to touch $99.85 in Singapore, with futures on track for a third day of losses.

Bloomberg News | July 23, 2024 | 7:59 am

Nippon Steel to dissolve JV with China’s Baoshan after 20 years

The joint venture was producing and selling cold-rolled steel sheets and hot-dip galvanized steel sheets for automotive use in China.

Reuters | July 23, 2024 | 7:06 am

Vale Base Metals appoints mining veteran Shaun Usmar as CEO

Usmar has more than 30 years of industry experience, with his latest role being founder and CEO of Triple Flag Precious Metals.

Cecilia Jamasmie | July 23, 2024 | 3:49 am

Earth’s largest iron ore deposits are a billion years younger than believed, research reveals

Researchers found the Hamersley deposits in Western Australia formed between 1.4 and 1.1 billion years ago, rather than 2.2 billion years ago as previously estimated.

Staff Writer | July 22, 2024 | 3:58 pm

Anglo American to sell two assets to Taurus Funds for up to $195 million

Anglo plans to divest less profitable assets and focus on expanding copper output.

Reuters | July 22, 2024 | 7:01 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

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