Iron Ore Top Stories

Vale expects tentative dam collapse settlement with Brazil authorities this month

The latest proposal from Vale and BHP totals 140 billion reais ($26.08 billion).

Reuters | June 13, 2024 | 2:02 pm

Vedanta subsidiary Western Cluster plans $2bn Liberia investment

The investment will spread over the next five years to…

Reuters | June 13, 2024 | 10:27 am

Sixth Fortescue executive quits in less than a year

Julie Shuttleworth, director of global growth, previously served as group…

Cecilia Jamasmie | June 13, 2024 | 3:44 am

Brazil sees potential railway concession agreement with Vale this month

The agreement with Vale could reach some 20 billion reais…

Reuters | June 12, 2024 | 1:52 pm

Vale, BHP make new offer on Mariana disaster reparations

Vale said the new proposal totals $26.09 billion.

Staff Writer | June 12, 2024 | 11:05 am

Lula never discussed Vale’s CEO succession, says Brazil minister

Reuters recently reported that President Lula wanted Mantega to be appointed to a board seat at the mining giant.

Reuters | January 26, 2024 | 9:43 am

BHP to review $9.7 billion charge over Brazil dam failure

The fine is part of a broader claim seeking $31.5bn for reparation, compensation and moral damages tied to the Fundão dam failure in 2015.

Cecilia Jamasmie | January 26, 2024 | 4:03 am

Brazil judge orders Vale, BHP and Samarco to pay $9.7 billion in damages

The Samarco Fundão dam burst in November 2015 — it was Brazil’s worst environmental disaster.

Staff Writer | January 25, 2024 | 12:01 pm

Brazil’s Lula slams miner Vale over 2019 Brumadinho disaster

The Brazilian President criticized Vale for "not having done anything to repair the destruction".

Reuters | January 25, 2024 | 10:24 am

Fortescue to work with China officials to clear iron ore shipments

Two iron ore cargoes from the world's No.4 supplier were facing unusual customs delays at north China's Caofeidian port.

Reuters | January 25, 2024 | 9:35 am

Plaintiffs demand 582m euros from TÜV Süd over Brazil dam burst

TÜV Süd's lawyers have referred responsibility to Vale.

Reuters | January 25, 2024 | 6:09 am

BHP diverts shipments to avoid Red Sea attacks

The world’s largest miner said most of its shipments don't go through this route, adding there have been no major disruptions so far.

Cecilia Jamasmie | January 25, 2024 | 3:48 am

Fortescue posts drop in second-quarter iron ore shipments

The world's fourth largest iron ore miner shipped 48.7 million tonnes of the steel-making commodity in the quarter ended Dec. 31

Reuters | January 24, 2024 | 3:07 pm

Investor group turns up heat on mining tailings dam laggards

So far 77 listed mining companies, including the world's largest BHP and Rio Tinto, have signed up to a tougher code of conduct.

Reuters | January 23, 2024 | 4:39 pm

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