Iron Ore Top Stories

Communities appeal renewal of Simandou permits in Guinea’s top court

Communities are appealing the ECCs granted to Winning Consortium Simandou citing “inadequacies in environmental studies and environmental and social oversight."

Staff Writer | August 22, 2024 | 2:36 pm

BHP’s first electric excavator fleet up and running at Australia iron ore mine

This milestone also highlights the role of Liebherr as a…

Staff Writer | August 22, 2024 | 11:41 am

Rio Tinto, Teck take steps to minimize Canada rail shutdown impact

Labor dispute at Canada's two biggest rail networks will affect…

Reuters | August 22, 2024 | 9:10 am

Asteroid miner AstroForge readies third mission for 2025

The craft may become the first private mission to fly…

Cecilia Jamasmie | August 21, 2024 | 9:32 am

Coal-rich Indian state to pass mining tax after court ruling

A sum of 100 rupees ($1.19) a ton will be…

Bloomberg News | August 20, 2024 | 7:51 am

Mining M&A slips as firms lawyer-up to fight regulators

The value of deals in the industry declined 12.5% to $74.2 billion this year.

Colin McClelland | May 29, 2024 | 8:44 am

BHP walks away from proposed $49bn takeover of Anglo American

Less than an hour before the 5 p.m. UK cut off, BHP confirmed it had failed to secure Anglo’s board backing and would not proceed with the takeover.

Cecilia Jamasmie | May 29, 2024 | 4:05 am

BHP and Anglo remain split on South Africa as time runs out

BHP has until 5 p.m. London on Wednesday to commit to an offer.

Bloomberg News | May 28, 2024 | 10:32 am

Iron ore price falls to one-week low as weak fundamentals outweigh latest property stimulus

Steel demand remains subdued in China despite the latest property stimulus.

Reuters | May 28, 2024 | 6:00 am

JPMorgan says BHP plan risks $4.3 billion South Africa outflow

Such an outflow, if a deal goes ahead, could weaken the rand.

Bloomberg News | May 27, 2024 | 7:05 am

Iron ore price dips as falling China demand, high shipments weigh

A seasonally slowing demand for steel products will also drag down consumption for iron ore, Sinosteel Futures said.

Reuters | May 27, 2024 | 6:49 am

BHP, Rio Tinto to fast-track electric haul truck trials

The partnership is part of BHP and Rio Tinto’s larger efforts to lower their operational emissions and reach net zero by 2050.

Cecilia Jamasmie | May 27, 2024 | 5:33 am

BlackRock encouraged Anglo to extend talks with BHP

Anglo American was encouraged by key shareholders to continue engaging in talks with BHP over its proposed $49.18 billion mining merger.

Reuters | May 25, 2024 | 12:37 pm

Anglo shareholders say BHP should amend structure or sweeten bid

Of the investors that Bloomberg spoke to this week, some suggested that BHP should provide a commitment to cover any lost value suffered by the subsidiaries’ new owners.

Bloomberg News | May 23, 2024 | 12:16 pm

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