Iron Ore Top Stories

BHP to decide on future of nickel business by August, trims met coal estimates

The world's largest listed miner said iron ore production from mines it operates in Western Australia on a 100% basis was 68.1 million tonnes during the three months ended March 31.

Reuters | April 17, 2024 | 4:18 pm

Biden – and steelmakers – promise US Steel will stay American

US Steel Corp has agreed to be bought by Japan's…

Reuters | April 17, 2024 | 12:06 pm

Biden calls for tripling of tariffs on Chinese steel

The Biden administration is also pressuring neighboring Mexico to prohibit…

Reuters | April 17, 2024 | 8:34 am

Iron ore price hits over 5-week high on improving steel market, pre-holiday restocking

Near-term ore demand will remain solid as mills show increasing…

Reuters | April 17, 2024 | 5:51 am

Rio Tinto’s first-quarter iron ore shipments fall 5%, missing estimates

Mine depletion in its Yandicoogina mine in Western Australia contributed…

Reuters | April 16, 2024 | 11:09 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

Kumba Iron Ore builds up stockpiles as rail woes worsen

Kumba's profit in the six months through June declined 17% due to the rail challenges and softer prices.

Reuters | July 25, 2023 | 7:39 am

CHARTS: Value of world’s 50 biggest mining companies slump $356bn from post-pandemic peak

MINING.COM’s ranking of world’s biggest miners welcomes the first Indonesian company to the top tier and Perth as the city hosting the greatest number on the list.

Frik Els | July 21, 2023 | 2:35 pm

Western Australia’s mining sector was key for post-covid-19 economic recovery – report

International trade and a thriving mining and resources sector were crucial for the recovery of Western Australia’s economy following the covid-19 pandemic.

Staff Writer | July 21, 2023 | 6:06 am

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