Trump says tariff policy won’t be pared backThe Washington Post reported that Trump aides were considering tariffs targeting critical sectors such as iron, copper, batteries, and rare earths.Staff Writer | January 6, 2025 | 7:57 am
US Steel, Nippon sue Biden administration over decision to block mergerBiden blocked proposed deal on national security grounds.Reuters | January 6, 2025 | 7:01 am
What’s next after Biden blocked the $15bn Nippon Steel/US Steel deal?Some analysts warned that blocking the deal could sour relations…Reuters | January 4, 2025 | 3:32 pm
BHP resumes South Flank iron ore operations after short pause The mine was briefly closed due to heavy rains in the Pilbara region. Reuters | December 16, 2024 | 3:33 pm
Samarco to invest more than $1 billion to resume full capacity Samarco expects to produce 15 million tons of iron ore pellets in 2025, returning to a top 3 ranking for global exporters of the steelmaking ingredient. Bloomberg News | December 16, 2024 | 1:12 pm
Iron ore price rebounds as China stimulus hopes outweigh weak fundamentals A raft of industrial data that remained relatively weak kept alive calls for Beijing to ramp up consumer-focused stimulus. Reuters | December 16, 2024 | 8:40 am
Weaker growth and mining slowdown pressuring Australia, Treasurer says Earnings from iron ore, Australia’s major export, are forecast to decline on waning prices that have dropped about a quarter this year. Bloomberg News | December 15, 2024 | 11:11 am
US foreign investment panel split on Nippon-US Steel deal CFIUS has until Dec. 22 to make a decision on whether to approve, block or extend the timeline for the deal's review. Reuters | December 15, 2024 | 10:30 am
BHP seeks Brazil growth to emerge from shadow of mining disaster BHP is assessing the future of copper mines inherited from OZ Minerals in northern Brazil’s Carajás region. Bloomberg News | December 13, 2024 | 10:56 am
Iron ore posts weekly gain as investors assess fresh Beijing stimulus Beijing pledged on Thursday to increase its budget deficit, issue more debt and loosen monetary policy. Reuters | December 13, 2024 | 7:23 am
Vale invests in US startup as part of decarbonization push The firm, Electrified Thermal Solutions, owns technology for heating industrial furnaces through electricity, without the use of fossil fuels. Reuters | December 12, 2024 | 9:52 am
Rio Tinto chief pledges response after harassment class action Jakob Stausholm said he is "devastated" over the news of sexual harassment lawsuits against the company. Reuters | December 12, 2024 | 6:50 am