Nigeria to grant mining licences only to companies that process locallyThis signals a shift from Nigeria's decades-old policy of exporting raw materials.Reuters | March 28, 2024 | 6:27 am
Column: Green steel is possible and even affordable, but still unlikelySteel production accounts for about 8% of global carbon emissions.Reuters | March 27, 2024 | 9:03 am
Iron ore hit by fresh selling as traders fret over China demandThe absence of strong policy signals from Beijing has fueled…Bloomberg News | March 26, 2024 | 5:05 am
Samarco files judicial reorganization plan alongside creditors The intent is to carry out transactions contemplated in a previous agreement that established a discount on the value of the company's debt. Reuters | July 29, 2023 | 12:50 pm
Iron ore price falls as China’s Yunnan province orders steel output curbs Steel mills have been asked to prepare to cut back production to meet a government mandate on capping 2023 output at last year's level. Staff Writer | July 28, 2023 | 8:05 am
Vale posts profit slump, hit by price drop Vale posted net income of $892 million, while analysts polled by Refinitiv had forecast a profit of $2.21 billion. Reuters | July 27, 2023 | 5:31 pm
Fortescue sees annual iron ore shipments rising The world's fourth-largest iron ore miner expects to ship between 192 million metric tonnes (Mt) and 197 Mt of the steel-making commodity in the year. Reuters | July 26, 2023 | 5:14 pm
Iron ore price looks set for a tumble as major stimulus hopes fade Chinese consumer confidence has been decimated by years of virus lockdowns and delays on new-build properties. Bloomberg News | July 26, 2023 | 3:52 pm
Rio Tinto to miss 2025 emissions cuts targets The world’s second largest miner won’t be able to achieve a targeted 15% carbon emissions reduction by 2025, unless it uses carbon offsets. Cecilia Jamasmie | July 26, 2023 | 5:49 am
Rio Tinto profit misses on iron ore price slump, cuts dividend The miner declared an interim dividend of $1.77 per share, below last year's $2.67. Reuters | July 26, 2023 | 5:28 am
Iron ore profits to drop by a third as miners eye China demand The world’s biggest iron ore producer is expected report its lowest half year earnings and dividend in three years on Wednesday. Reuters | July 25, 2023 | 2:08 pm
Iron ore price rises on China stimulus pledge A meeting of China’s top decision-making body flagged more help for commodities. MINING.COM Staff Writer | July 25, 2023 | 8:49 am