Rio Tinto, Glencore discuss mining’s biggest-ever potential mergerCombining the two businesses would potentially create a behemoth to leapfrog longstanding industry leader BHP Group.Bloomberg News | January 16, 2025 | 12:16 pm
Iron ore price hits four-week high on lower shipments, softer dollarRio Tinto reported its lowest annual shipments in two years.Reuters | January 16, 2025 | 7:23 am
Rio Tinto’s iron ore shipments slip, sees global economic resilienceThe company shipped 328.6 million tonnes of iron ore from…Reuters | January 15, 2025 | 1:52 pm
Iron ore price drops to over one-month low on weaker China metal output Output at Chinese blast-furnace steel producers has continued to decline steadily. Reuters | January 6, 2025 | 8:12 am
Trump says tariff policy won’t be pared back The Washington Post reported that Trump aides were considering tariffs targeting critical sectors such as iron, copper, batteries, and rare earths. Staff Writer | January 6, 2025 | 7:57 am
US Steel, Nippon sue Biden administration over decision to block merger Biden blocked proposed deal on national security grounds. Reuters | January 6, 2025 | 7:01 am
Nippon Steel president says suing US government is an option Nikkei business daily had reported that Nippon Steel will challenge Joe Biden's order to block its acquisition of US Steel. Reuters | January 5, 2025 | 3:27 pm
What’s next after Biden blocked the $15bn Nippon Steel/US Steel deal? Some analysts warned that blocking the deal could sour relations between the United States and Japan. Reuters | January 4, 2025 | 3:32 pm
Biden’s veto of US Steel deal raises multitude of new questions US statute makes it clear that American presidents are granted the power to kill a deal they deem a threat to national security. Bloomberg News | January 3, 2025 | 12:59 pm
White House: decision to block Nippon-US Steel deal was about keeping critical business in American hands Biden's decision to block the sale of US Steel was not about slighting Japan, it said. Reuters | January 3, 2025 | 9:23 am
Nippon Steel to sue US government over blocked US Steel deal US President Joe Biden has blocked the $14.1 billion sale. Staff Writer | January 3, 2025 | 8:38 am
Steelworkers union criticizes Nippon Steel’s proposal for lack of long-term commitment The proposal "is nothing but a "Hail Mary" pass destined to fall to the ground," it said. Reuters | January 2, 2025 | 1:03 pm