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

US Steel has received unsolicited proposals that range from the acquisition of certain production assets to consideration for the whole company.

The project has been haggled over for years, with exploitation delayed by legal wrangling and the difficulty and cost of building infrastructure.

Genmin will sell and deliver 2.4 million tonnes per annum of iron ore products to Hunan Valin Steel.

A push into the spot iron ore market would expand the new state buyer's ability to secure lower prices.

SRK has certified the presence of 476 million metric tons of proven and probable iron ore reserves in the Miguel Burnier mine.

The Swedish company will use a production process known as direct reduced iron to cut CO2 emissions.

Residents say the mine could lead to more than 3,000 households and 3,000 graves being moved.

Laws were introduced after the destruction of the ancient Juukan Gorge rock shelters by Rio Tinto.

China's Zhengzhou city last Friday launched measures to support its property market, the first of such moves by a big city.