Iron ore
Iron ore price falls as Chinese steel mills cut output
Iron ore futures prices continued their fall on Monday to the lowest level in more than four months. The price…
Rio Tinto board approves world’s biggest mining project
The board of Anglo-Australian mining giant Rio Tinto has approved what will be the world’s biggest mining project, CEO Jakob…
BHP announces profit of $6.6bn in second half of 2023
Australian mining giant BHP has announced an underlying profit of $6.6bn (A$10.04bn) in the second half (H2) of 2023, the…
Magnetite Mines signs MOU to make Port Pirie a green iron hub
Magnetite Mines has signed an MOU with Port Pirie Regional Council, a local government area in South Australia, to develop…
Rio Tinto’s autonomous train derails in Western Australia
Anglo Australian mining giant Rio Tinto’s autonomous train derailed on Sunday evening 120km from Dampier port in Western Australia (WA).…
Rio Tinto, BHP, BlueScope partner on low-carbon steelmaking
Rio Tinto and BHP, along with Australian steelmaker BlueScope, have agreed to jointly investigate the development of the nation's first…
Vale posts big rise in iron and copper production
The world’s second-biggest iron ore supplier, Vale, saw production soar in the fourth quarter (Q4) of 2023, exceeding company estimates…
Brazil orders Vale and BHP to pay $9.7bn for dam disaster
A federal judge in Brazil has ordered mining majors Vale and BHP to pay $9.7bn (47.69bn reais) in damages for…
Genmin secures 20-year permit for Gabon iron ore project
Genmin, an Australian Securities Exchange (ASX)-listed mining company, has obtained a 20-year mining permit for its wholly owned Baniaka iron…
CCI study flags issues with iron ore pricing and export in India
The differential prices for iron ore will likely create concerns in the competitive market and iron ore exports should be…