Iron ore - Mining Technology

Iron ore price falls as Chinese steel mills cut output

Alfie Shaw — Tue, 12 Mar 2024 11:55:52 +0000

Iron ore prices are falling largely due to weak steel production in China where the ongoing property crisis continues to afflict demand.

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Rio Tinto board approves world’s biggest mining project

Annabel Cossins-Smith — Thu, 22 Feb 2024 12:43:55 +0000

The board of Anglo-Australian mining giant Rio Tinto has approved what will be the world’s biggest mining project in Guinea, West Africa.

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BHP announces profit of $6.6bn in second half of 2023

Smruthi Nadig — Tue, 20 Feb 2024 14:31:00 +0000

Despite volatility in global commodity prices and increasing demand in China, BHP’s profits remained the same as last year.

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Magnetite Mines signs MOU to make Port Pirie a green iron hub

Archana Rani — Wed, 14 Feb 2024 11:34:47 +0000

Magnetite Mines has signed a MOU with Port Pirie Regional Council to develop Port Pirie into a future hub for green iron production.

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Rio Tinto’s autonomous train derails in Western Australia

Alfie Shaw — Tue, 13 Feb 2024 17:35:12 +0000

Rio Tinto's autonomous train has derailed in Western Australia but no one has been injured according to the company.

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Rio Tinto, BHP, BlueScope partner on low-carbon steelmaking

Umesh Ellichipuram — Fri, 09 Feb 2024 09:19:01 +0000

Rio Tinto and BHP, along with Australian steelmaker BlueScope, have agreed to jointly investigate the development of the nation's first ironmaking electric smelting furnace (ESF) pilot plant.

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Vale posts big rise in iron and copper production

Annabel Cossins-Smith — Wed, 31 Jan 2024 17:32:26 +0000

The world’s second-biggest iron ore supplier Vale’s production soared in Q4 2023, exceeding company estimates by some margin.

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Brazil orders Vale and BHP to pay $9.7bn for dam disaster

Annabel Cossins-Smith — Fri, 26 Jan 2024 16:26:55 +0000

Brazil has ordered mining majors Vale and BHP to pay $9.7bn in damages for a deadly tailings dam accident in 2015.

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Genmin secures 20-year permit for Gabon iron ore project

Surya Akella — Tue, 09 Jan 2024 16:39:18 +0000

Genmin has obtained a 20-year mining permit for its wholly-owned Baniaka iron ore project in Gabon, West Central Africa.

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CCI study flags issues with iron ore pricing and export in India

Smruthi Nadig — Wed, 03 Jan 2024 10:47:52 +0000

A study by India's fair trade regulator highlighted the concerns around varied iron ore pricing and exports.

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