Iron Ore Top Stories

Vale’s fourth-quarter profit falls 35% on higher provisions over dam accident

The miner also announced a pay out to shareholders of about 2.74 reais ($0.5520) per share.

Reuters | February 22, 2024 | 3:43 pm

Nippon Steel’s China assets raise concerns over US deal

The complication for Nippon Steel is that regulators may look…

Bloomberg News | February 22, 2024 | 2:46 pm

Anglo American to review assets after writedowns and profit plunge

The miner has announced a $1.6 billion impairment charge on…

Reuters | February 22, 2024 | 9:51 am

Anglo American to produce iron ore from Vale’s Serra da Serpentina deposit in Brazil

The miners have signed an agreement to integrate the Serra…

Staff Writer | February 22, 2024 | 8:40 am

Australian iron ore port starts clearing ships ahead of cyclone

Dampier is used by Rio Tinto Group to export iron…

Bloomberg News | February 22, 2024 | 7:11 am

Latest Stories

Western miners lag as oil powers enter race for Africa’s critical metals

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials.

Reuters | February 2, 2024 | 9:52 am

Fifth Fortescue executive quits as management exodus deepens

News comes just days after Deborah Caudle, the chief financial officer of the miner’s energy arm, said she had left the firm created by billionaire Andrew Forrest.

Bloomberg News | February 1, 2024 | 4:54 pm

Brazil’s mining industry exports grew by 9.5% in 2023 – Ibram

The industry group said iron ore accounted for more than 70% of total exports.

Reuters | January 31, 2024 | 11:31 am

Activists, Hollywood take down top 50 mining company

The ranks of the most valuable mining companies in the world were throughly scrambled in 2023 as governments intervened, lithium and nickel prices tumbled, gold hit records and a new listing went ballistic.

Frik Els | January 31, 2024 | 8:31 am

Vale cranks up iron mining just as demand concerns resurface

The Brazilian mining giant is accelerating production, posting its best December in five years.

Bloomberg News | January 30, 2024 | 9:56 am

China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project

The entire Simandou project will be completed and put into operation in 2026, Baowu said in the document.

Reuters | January 30, 2024 | 8:15 am

Vale’s 2023 iron ore output tops guidance, but sales fall

The company produced 89.40 million metric tons of iron ore in the last three months of 2023.

Reuters | January 29, 2024 | 1:42 pm

Brazil state prosecutor urges Vale, BHP to settle over dam disaster

The Minas Gerais state prosecutor general says the companies risk paying a lot more in court.

Reuters | January 29, 2024 | 12:21 pm

Column: Iron ore price rally built on more than just China optimism

Iron ore is having a strong start to the year, with rising prices and robust imports by China.

Reuters | January 29, 2024 | 10:15 am

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