Andrew Forrest to transfer $3.39bn stake in Fortescue to his philanthropic foundation

Forrest transferred ownership of 220 million Fortescue shares worth to Minderoo Foundation.

Reuters | June 20, 2023 | 4:26 pm

Norway to open its waters to deep-sea mining

The country's government has outlined details of a plan to open its sea floor to commercial mineral exploration and extraction.

Cecilia Jamasmie | June 20, 2023 | 4:42 am

Rio Tinto autonomous iron ore train derailed

The miner said a probe had been launched after one of its autonomous trains derailed on Saturday evening, leaving no injured.

Cecilia Jamasmie | June 19, 2023 | 3:32 am

New study quantifies violations of Indigenous peoples’ rights by extractive industries

Ten universities joined forces to conduct the largest quantitative analysis to date of the violations of Indigenous peoples’ rights by extractive and industrial developments.

Staff Writer | June 18, 2023 | 7:24 am

Billionaire Forrest ‘can’t wait forever’ for $80 billion Congo hydro deal

Grand Inga would be the largest single source of renewable energy globally, with about double the capacity of China’s Three Gorges Dam.

Bloomberg News | June 16, 2023 | 10:44 am

Column: Iron ore dances between China stimulus optimism and soft economic reality

The spot price of iron ore has gyrated in recent weeks, driven by hopes for more stimulus from Beijing and concerns that the run of soft economic indicators is likely to extend.

Reuters | June 16, 2023 | 10:40 am

Brazil’s Gerdau to invest $667 million in sustainable mining platform

Gerdau said it will use the iron ore obtained from the new platform on four steel production units.

Reuters | June 15, 2023 | 2:24 pm

Rio Tinto inks deal to bring iron ore rail car manufacturing to Pilbara

Rio intends to invest about $101 million to acquire 100 domestically built ore rail cars over six years.

Reuters | June 13, 2023 | 7:44 am

Billionaire Forrest calls Musk a ‘muppet’ over fuel cell doubts

Andrew Forrest, founder of Fortescue Metals, said doubters of hydrogen fuel-cell technology, including Elon, are “muppets.”

Bloomberg News | June 13, 2023 | 4:03 am

First

Last

Iron ore’s reset to $100 heralds China’s new economy shift

Electra commissions clean iron pilot plant

Iron ore price swings near $100 as traders mull fragile China recovery

Nippon Steel emphasizes its ‘deep roots’ in the US as it pursues US Steel deal

Nigeria to grant mining licences only to companies that process locally

Create FREE account or log in

to receive MINING.COM digests