Iron Ore Top Stories

Iron ore hit by fresh selling as traders fret over China demand

The absence of strong policy signals from Beijing has fueled uncertainty on whether construction activity will pick up.

Bloomberg News | March 26, 2024 | 5:05 am

Vale to negotiate financing with US government for iron ore briquette plant

Vale said it will negotiate an award for up to…

Reuters | March 25, 2024 | 4:47 pm

China’s younger steel industry slows net zero path, BHP CEO says

“China’s willingness to open up to the world, and the…

Bloomberg News | March 25, 2024 | 9:15 am

Iron ore price edges higher on hopes of China’s demand recovery

Steel and iron ore demand is expected to find some…

Reuters | March 25, 2024 | 7:34 am

US awards record $6bn to back industrial emissions reduction projects

The initiative, the single largest industrial decarbonization investment in US…

Reuters | March 25, 2024 | 5:58 am

Australia’s path toward net zero is clear — but industry commitment needed

CSIRO researchers show that accelerated transition is needed across the economy if the island nation is to meet the goal of net zero before 2050.

Staff Writer | December 3, 2023 | 1:29 pm

Al Gore-backed group has a tool to decarbonize supply chains

The database covers more than 350 million sources of greenhouse gas pollution such as individual power plants, steel mills and mining operations.

Bloomberg News | December 3, 2023 | 10:46 am

Fitch sees industrial metal prices falling in 2024, gold set to rise

London's 2024 benchmark copper price could slip 2% to $8,600 per metric ton, the firm said.

Reuters | December 1, 2023 | 10:46 am

Peru mining output grows 3.14% in October, slowest in 8 months

Copper production was up 2.1% from the same month a year ago, while gold and zinc jumped 10.0% and 10.4% respectively.

Reuters | December 1, 2023 | 10:20 am

Brazil authorities expect Mariana dam disaster deal to close in December

According to the newspaper O Tempo, the compensation is expected to exceed that of the Brumadinho disaster, for which Vale paid $7.72 billion.

Staff Writer | November 29, 2023 | 10:33 am

Nippon Steel to hunt for more coking coal, iron ore assets

Japan's top steelmaker already owns stakes in several coking coal mines.

Reuters | November 29, 2023 | 10:05 am

Iron ore price poised to hit $150 in 2024 on Chinese stimulus, analysts say

The price outlook compares with earlier estimates of $130 per ton, and Monday's level of $135 per ton.

Reuters | November 28, 2023 | 9:54 am

Tanzania plans new $5.6 billion rail to iron ore, coal-rich area

The Mtwara-Mbamba Bay railway with spurs to Mozambique, Zambia and Malawi was first proposed two decades ago.

Bloomberg News | November 28, 2023 | 8:22 am

Nearly one-third of world’s tailings dams close to protected areas – study

Researchers found that mine waste threatens biodiversity within protected areas all over the world.

Staff Writer | November 28, 2023 | 6:06 am

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