May 18, 2023

Vale gets offers for stake in base metals unit

Vale would sell 10% of the unit worth around $2.5 billion, local newspaper reports.

May 18, 2023

Top stock fund wagers BHP, Rio Tinto will weather iron ore slump

Even when iron-ore prices fall, Australian producers are still highly profitable given they have a lower cost, said

May 15, 2023

LME base metals index tumbles more than 30% since 2022 peak

The LMEX recently collapsed below its 200-day moving average.

May 15, 2023

Ivanhoe Electric sets up JV with Saudi Arabia’s Ma’aden

The 50/50 joint venture will explore for metals considered key for the world’s energy transition in the Middle eastern country.

May 12, 2023

Iron ore price stable despite demand concerns

Many Chinese steel mills have reportedly lowered their prices amid disappointment over demand.

May 12, 2023

London court rejects BHP’s 14-month delay request to Brazil dam case

The miner is being sued by 720,000 Brazilians over the 2015 collapse of the Fundao dam.

May 10, 2023

Iron ore price rises on renewed hopes of China demand recovery

Mysteel reported that six steel mills in North China's Shanxi province will resume production in the coming two weeks amid improved margins.

May 9, 2023

Iron ore price up on China stimulus bets

China's imports of iron ore rose 5.1% in April from the same period the previous year.

May 9, 2023

Vale and France’s GravitHy sign carbon neutral steel study

The agreement will focus on studies to build a factory to produce briquettes from Vale's high-grade iron ore through direct reduction.

May 8, 2023

Brazilian iron ore state wants to lure lithium investors

Minas Gerais will welcome “investors from all over the world” to Vale do Jequitinhonha, said governor Romeu Zema.