Vale’s 2023 iron ore output tops guidance, but sales fallThe company produced 89.40 million metric tons of iron ore in the last three months of 2023.Reuters | January 29, 2024 | 1:42 pm
Brazil state prosecutor urges Vale, BHP to settle over dam disasterThe Minas Gerais state prosecutor general says the companies risk…Reuters | January 29, 2024 | 12:21 pm
Third mine disaster in a decade tests ESG boundaries in BrazilAgain and again, Brazil is showing just how quickly money…Bloomberg News | January 29, 2024 | 9:53 am
AI can accurately ‘envision’ corrosion-resistant alloys A new machine learning model enhances by 15% the predictive accuracy of corrosion behaviour and potential optimal alloy formulas. Staff Writer | August 17, 2023 | 6:12 am
Esmark CEO says has money in bank account for $7.8 billion US Steel bid Chief executive James Bouchard said he had $10 billion available and Esmark itself had no debt. Reuters | August 15, 2023 | 1:22 pm
Lawyer alleges Gina Rinehart committed ‘egregious fraud’ over transferred mining licences Mining licenses were 'unlawfully transferred to her company', a lawyer for her two eldest children claimed in court. Staff Writer | August 15, 2023 | 12:20 pm
Column: China’s iron ore imports may hold up despite gloomy economy The Chinese central bank cut policy rates on Tuesday, the second reduction in three months. Reuters | August 15, 2023 | 8:32 am
Iron ore price climbs as China’s PBOC cuts rates to support recovery The metal rose after the People’s Bank of China cut the rate on one-year loans by 15 basis points — the most since 2020. Bloomberg News | August 15, 2023 | 8:20 am
Researcher to study ’green’ steelmaking process at the atomic level A researcher at Binghamton University received almost half a million dollars to investigate how hydrogen-based direct reduction works at the atomic level. Staff Writer | August 15, 2023 | 6:06 am
Esmark makes $7.8 billion offer for US Steel Corp On Sunday, US Steel launched a formal review of strategic options after rebuffing a takeover offer from rival Cleveland-Cliffs. Reuters | August 14, 2023 | 12:21 pm
US Steel soars after it rejects $7.25 billion Cliffs bid Cliffs said it submitted the proposal privately on July 28 and received a rejection letter on Sunday that called the offer “unreasonable.” Bloomberg News | August 14, 2023 | 9:18 am
Iron ore price falls on worries of steel output cut in China Lackluster Chinese demand and property market deterioration also added pressure. MINING.COM Staff Writer | August 14, 2023 | 8:58 am