Nippon Steel sticks to plan to close US Steel deal by year-endThe takeover should bring Nippon Steel's global crude steel capacity to 86 million tons per year, close to its goal of 100 million.Reuters | May 9, 2024 | 6:58 am
Brazil court rejects requests to block $15.7 billion from Vale, BHPA substitute federal judge of a court in Minas Gerais…Reuters | May 8, 2024 | 1:42 pm
Brazil demands immediate $15.7 billion payment from Vale, BHP for Mariana disasterThe government stated that if this amount is not paid…Bruno Venditti | May 7, 2024 | 9:31 am
India says NMDC subsidiary to mine gold in Australia NMDC will commence its gold mining operation at the Mount Celia project located in Western Australia. Reuters | November 5, 2023 | 10:06 am
Iron ore price logs second weekly gain on China stimulus, sound fundamentals Chinese policymakers said that Beijing would strengthen efforts to reduce local debt risks and help with financing demands for property enterprises. Reuters | November 3, 2023 | 6:37 am
Iron ore price rallies on positive signals from China Iron ore is still most exposed to further policy support versus other commodities, analysts said. Staff Writer | November 1, 2023 | 10:18 am
Australian mining red tape hurts its global investment case, says Hancock Hancock joins BHP and Rio Tinto in flagging red tape around mining projects as hurting Australia's drive to secure major investment. Reuters | October 31, 2023 | 8:02 am
The world’s iron ore powerhouse is preparing to reinvent itself For the first time in a generation, the spectre of disruption looms over mining’s most reliable profit generator. Bloomberg News | October 28, 2023 | 8:49 pm
Vale CEO says he has never been so optimistic about the company’s future Vale on Thursday reported a third quarter net profit decline but still landed above market forecasts. Reuters | October 27, 2023 | 8:33 am
BHP Australia iron ore rail workers approve industrial action plans The work stoppages could impact its operations at the world's largest iron ore export hub at Port Hedland. Reuters | October 27, 2023 | 7:20 am
Rinehart buys 18% stake in Azure Minerals to block SQM takeover Hancock Prospecting's stake in Azure is just short of the 20% level that would require a mandatory buyout offer. Cecilia Jamasmie | October 27, 2023 | 3:47 am
Vale’s third-quarter profit slips but beats expectations The company reported a 36% year-on-year decline in third-quarter net profit, landing above analyst estimates. Reuters | October 26, 2023 | 2:56 pm