MINING.COM

Iron ore price up on China stimulus hopes

Market commentators continue to speculate about China rolling out additional stimulus to support its economic recovery.

MINING.COM Staff Writer | June 2, 2023 | 9:24 am

Fortescue Metals appoints Christine Morris as CFO

Most recently, Morris served as the finance chief of Maersk Drilling.

Reuters | June 1, 2023 | 5:31 pm

Rio Tinto to invest $395 million in Pilbara desalination plant

Construction is expected to start in 2024 and the facility will be operational and producing water in 2026.

Reuters | June 1, 2023 | 5:23 pm

Key railway serving South African iron ore exporters reopens

The line is used to haul iron ore and manganese from Kumba Iron Ore Ltd.’s giant Sishen mine and other operations to the port of Saldanha.

Bloomberg News | June 1, 2023 | 8:17 am

Samarco reaches deal with certain creditors over debt restructuring framework

Vale said Samarco should emerge from the recovery process with a "lean capital structure".

Reuters | June 1, 2023 | 8:09 am

BHP owes underpaid Australian workers $280 million

The company said it had incorrectly deducted leave on public holidays since 2010 for an average of six leave days in total per person.

Reuters | June 1, 2023 | 7:51 am

Google leads funding round for Indian space startup Pixxel

Pixxel, founded in 2019, is building a constellation of satellites that have the ability to identify mineral deposits or the productivity of crops by analysing the spectral signature of an image.

Reuters | June 1, 2023 | 4:58 am

US-China green energy rivalry ‘great for world,’ Forrest says

Iron ore magnate Andrew Forrest says it is healthy to challenge China’s dominance of sectors like renewable energy, EVs and battery metal processing.

Bloomberg News | May 31, 2023 | 8:27 am

It’s not a good time to be a steel mill or coal mine in China

China’s raw materials producers are at the forefront of falling industrial profits.

Bloomberg News | May 29, 2023 | 7:38 am

First

Last

Bearish demand expectations challenge iron ore’s price resilience

Brazil’s President Lula says he will not discuss Vale’s CEO succession

Vale iron ore output rises 15% from between Nov-Jan

United Steelworkers signs non-disclosure agreement with Nippon Steel

Rio Tinto gets $13 million from Canada to decarbonize iron ore processing

Create FREE account or log in

to receive MINING.COM digests