Iron Ore Top Stories

Anglo American to receive coal bids in September

The sale process includes the Grosvenor and Moranbah North mines along with three smaller mines in Queensland.

Cecilia Jamasmie | August 20, 2024 | 4:02 am

BHP’s quick strike fix sets tone for labor talks amid copper rally

Analysts say BHP's quick fix to a recent six-day strike at its…

Reuters | August 20, 2024 | 3:36 am

Metso denies rumours of planned merger with Sandvik

Any potential merger or collaboration would mean a game-changer for…

Staff Writer | August 19, 2024 | 7:37 am

World’s biggest steel producer warns of ‘severe’ industry crisis

Conditions in China’s steel sector are like a “harsh winter”…

Bloomberg News | August 18, 2024 | 2:10 pm

Fortescue, Fabrum commission Australia’s largest liquid hydrogen plant on mine site

The plant can produce approximately 350 kg of liquid hydrogen…

Staff Writer | August 16, 2024 | 10:03 am

Rio Tinto faces pressure to leave London exchange

Activist investor Palliser Capital argues that switching its primary listing to Australia would boost Rio Tinto's shares by about 40%.

Cecilia Jamasmie | May 23, 2024 | 5:18 am

Iron ore price hits three-month high on China demand

China last Friday announced "historic" steps to stabilize its crisis-hit property sector.

Reuters | May 22, 2024 | 8:10 am

Anglo American rejects BHP’s third bid, extends deadline

Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer.

Cecilia Jamasmie | May 22, 2024 | 7:03 am

Anglo’s second largest investor demands BHP bid revision

Petition by South Africa's Public Investment Corporation (PIC), which owns a roughly 7% stake in Anglo, comes just hours before bid deadline.

Cecilia Jamasmie | May 22, 2024 | 3:33 am

Iron ore price climbs to 3-month high on prospects of improved property demand

China announced "historic" steps on Friday to stabilize its property sector.

Reuters | May 20, 2024 | 8:16 am

BHP debates improved Anglo bid as time runs out in takeover saga

BHP faces a critical question: what would it take to draw the smaller company to the negotiating table within the next few days?

Bloomberg News | May 18, 2024 | 2:03 pm

Iron ore price jumps to over one-week high on China’s property stimulus efforts

China is allowing local governments to buy apartments and relax mortgage rules.

Reuters | May 17, 2024 | 7:33 am

BHP needs to bid about $41 a share for Anglo, JPMorgan says

Anglo American has turned down BHP’s bids twice since April 25, stating the offers continue to considerably undervalue the company.

Reuters | May 17, 2024 | 4:03 am

EU launches trade investigation into Chinese tinplate steel

The EU launched the investigation to assess whether imports into the bloc are sold at excessively low prices.

Reuters | May 16, 2024 | 8:00 am

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