Iron Ore Top Stories

Industry warns sovereign risk in Australia is rising

BHP the latest to issue warning over Australia’s competitiveness following Regis gold mine rejection.

Kristie Batten | August 27, 2024 | 4:34 pm

Vale’s CEO announcement to curb market speculation, says chairman

Vale announced Monday that current finance chief Gustavo Pimenta would…

Reuters | August 27, 2024 | 4:16 pm

Fortescue beats dividend payout view, shares rise

The world's fourth-largest iron ore miner said underlying net profit…

Reuters | August 27, 2024 | 4:01 pm

Vale names CFO Gustavo Pimenta as next CEO

The Brazilian executive will succeed Eduardo Bartolomeo following a messy…

Staff Writer | August 27, 2024 | 7:24 am

BHP eyes copper profits as China’s appetite for steel fades

The miner's underlying attributable profit was $13.66 billion for the…

Bloomberg News | August 27, 2024 | 6:19 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

BHP shareholders see room for one more sweetened Anglo bid

Shareholders in both companies interviewed by Bloomberg said there was still likely to be some room for a sweetened offer before a May 22 cut-off.

Bloomberg News | May 15, 2024 | 9:24 am

Iron ore price slides as prospects of softening demand, Biden’s new China tariff weigh

US President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports.

Reuters | May 15, 2024 | 7:48 am

Brazil states ask court to double what Vale, BHP should pay for dam burst

Minas Gerais and Espirito Santo states have asked a court to order Vale and BHP to pay a total 100 billion reais.

Reuters | May 14, 2024 | 6:06 pm

Anglo American to sell De Beers, Amplats to fend off BHP’s bid

Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.

Cecilia Jamasmie | May 14, 2024 | 4:04 am

Anglo American rejects BHP’s revised $43 billion proposal

Anglo American stated that the new offer was "highly unattractive" for its shareholders.

Staff Writer | May 13, 2024 | 8:21 am

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