Iron ore price falls on China demand concern, muted pre-holiday stockpiling

Steel demand has nearly stalled due to the harsh weather affecting numerous regions throughout China.

Reuters | February 6, 2024 | 8:39 am

Board to decide Vale’s presidency this week

Potential candidates for the position include former Vale president Murilo Ferreira.

Staff Writer | February 5, 2024 | 9:09 am

Guinea approves joint development deal for Simandou iron ore project

The deal involves the junta-led government, Rio Tinto, and Winning Consortium Simandou.

Reuters | February 4, 2024 | 10:53 am

Peruvian government unveils platform to expedite exploration permits

Officials from the Peruvian Ministry of Energy and Mines met with representatives from the largest mining companies to showcase the Digital Information Single Window platform.

Staff Writer | February 4, 2024 | 5:45 am

American steel buyers hail Nippon deal that scares Washington

The steel industry is wondering why politicians in Washington are eager to cast doubt on the $14.1 billion deal.

Bloomberg News | February 3, 2024 | 12:56 pm

Vale’s board advised to consider outside candidates in search for next CEO

The recommendation was part of a report submitted Friday to Vale’s board, which has been weighing whether to renew Bartolomeo’s term as CEO or start a worldwide recruitment process.

Bloomberg News | February 2, 2024 | 4:02 pm

Western miners lag as oil powers enter race for Africa’s critical metals

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials.

Reuters | February 2, 2024 | 9:52 am

Fifth Fortescue executive quits as management exodus deepens

News comes just days after Deborah Caudle, the chief financial officer of the miner’s energy arm, said she had left the firm created by billionaire Andrew Forrest.

Bloomberg News | February 1, 2024 | 4:54 pm

Brazil’s mining industry exports grew by 9.5% in 2023 – Ibram

The industry group said iron ore accounted for more than 70% of total exports.

Reuters | January 31, 2024 | 11:31 am

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Iron ore price slumps from one-month high as demand concerns persist

Brazil’s Lula will ‘demand’ compensation for Mariana and Brumadinho

BHP cuts employee incentives by 20% globally — report

Iron ore price at 4-week high on firm near-term demand, China stimulus hopes

Sundance settles dispute with Congo Republic over iron ore project

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