Iron Ore Top Stories

Chilean mine proposal could face Supreme Court review, environment minister says

Chile's Andes Iron has attempted for years to develop the $2.5 billion Dominga mine project in the Coquimbo region.

Reuters | December 10, 2024 | 8:27 am

Nippon Steel makes final push to win over US workers

Nippon clarified its spending plans at US mills owned by…

Bloomberg News | December 9, 2024 | 5:30 pm

Nippon Steel committed to US Steel takeover, aims to close in December

The transaction has faced stiff resistance from politicians and the…

Reuters | December 4, 2024 | 11:22 am

Vale aims to go down-market on iron ore

The miner plans to offer more lower-quality iron ore to…

Bloomberg News | December 4, 2024 | 9:35 am

Iron ore price gains as China stimulus hopes outweigh worries of escalating trade tensions

Hopes of more fiscal stimulus from the upcoming Central Economic…

Reuters | December 4, 2024 | 7:00 am

Iron ore price at one-week high on softer dollar, pre-holiday stocking

Underpinning prices is some mills kicking off buying seaborne cargoes to meet their production needs over the week-long Chinese New Year holiday break in January.

Reuters | November 19, 2024 | 6:41 am

Nippon Steel not to import from overseas mills in bid to save US Steel deal

Nippon is looking to close its $14.9 billion deal for US Steel by the end of the year.

Reuters | November 18, 2024 | 12:23 pm

Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes

Analysts say near-term demand for iron ore remain strong, supporting prices.

Reuters | November 18, 2024 | 7:13 am

Australia’s national investment fund makes first bet on mining

Australia’s National Reconstruction Fund will invest $26 million to boost mining equipment manufacturing in the state of Queensland.

Bloomberg News | November 18, 2024 | 7:06 am

US House of Representatives approves 2024 Critical Mineral Consistency Act

The bill modifies the Energy Act of 2020 to expand the definition of critical minerals.

Staff Writer | November 15, 2024 | 2:21 pm

Brazilian court clears BHP, Vale and Samarco of charges in 2015 dam disaster

A court in Belo Horizonte ruled that state prosecutors failed to prove that "individual actions" directly contributed to the collapse of the dam.

Staff Writer | November 14, 2024 | 9:55 am

Iron ore price hits 3-week low on firmer supply, softer steel outlook

China unveiled tax incentives on home and land transactions on Wednesday, aiming to support its crisis-hit property market.

Reuters | November 14, 2024 | 7:25 am

Australia may lose $45 billion amid green steel rush, report says

Australia accounts for 56% of seaborne iron ore trade.

Reuters | November 14, 2024 | 7:07 am

Deep sea mining risks over $560 billion in countries’ annual export earnings — report

Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker.

MINING.COM Editor | November 14, 2024 | 1:00 am

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