Kumba to invest further $428 million in iron ore processing plant upgradeThe new technology is expected to increase the volume of premium iron ore to about 55% of its flagship Sishen mine’s production.Reuters | August 29, 2024 | 9:55 am
Iron ore’s ‘irrational’ rally past $100 triggers warning from Chinese mediaIron ore has jumped by about 10% in 10 days.Bloomberg News | August 29, 2024 | 6:54 am
Vale’s new CEO to focus on boosting iron ore despite weak demandIron ore futures have fallen nearly 30% this year and…Bloomberg News | August 28, 2024 | 11:19 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
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