Rio Tinto unveils lithium resource at Rincon projectIt would produce 53,000 tonnes of battery-grade lithium carbonate annually over a 40-year mine life, with plans to expand to 60,000 tpy.Cecilia Jamasmie | December 4, 2024 | 3:43 am
Vale sees China steel production declining, other regions to growThe company said it will adjust its distribution network to…Reuters | December 3, 2024 | 10:27 am
Steel industry will take more time to decarbonize, says Vale CEOThe miner reported an output of about 328 million tonnes…Reuters | December 3, 2024 | 9:46 am
South African labour union to strike at ArcelorMittal over job cuts Africa's biggest steel producer was rocked by a two-week wage strike in May 2022. Reuters | November 13, 2024 | 1:39 pm
Brazil’s CSN posts $131 million net loss in Q3 The steelmaker attributed its lower core earnings to factors beyond its control, citing international prices. Reuters | November 13, 2024 | 7:18 am
Friedland considers floating African iron ore company on ASX The IPO, expected before June 2025, seeks to raise capital for acquiring "overlooked" critical minerals projects in Australia. MINING.COM Editor | November 12, 2024 | 6:33 am
Vale signs deals for free market natural gas supply Under the free energy market, Vale will be able to negotiate prices directly with its suppliers. Reuters | November 12, 2024 | 5:39 am
Mubadala prepares for sale of Brazil’s Porto Sudeste, Mina Gerais iron ore mines Formed in 2016, the project includes two mines and their processing units. Reuters | November 11, 2024 | 10:22 am
Australian iron ore giants’ shares sink on disappointing China stimulus Analysts at Citi last week forecast a grim near-term outlook for iron ore prices, expecting iron ore to average $85 per tonne in 2026. Reuters | November 11, 2024 | 8:36 am
Iron ore price drops back to $100 as China’s latest fix disappoints Futures declined as much as 2% in Singapore after slumping on Friday, when the Chinese government unveiled a debt-swap plan. Bloomberg News | November 10, 2024 | 4:46 pm
World’s top energy trader Vitol eyes metals as oil demand set to peak CEO Hardy points to iron ore, copper, and aluminum as potential markets. Staff Writer | November 8, 2024 | 9:12 am
Nippon Steel seeks to close US Steel deal before Trump returns to White House Before the election which handed him victory, Trump promised to block the deal if re-elected. Reuters | November 7, 2024 | 7:56 am