Iron ore price recovers but posts weekly loss as Beijing stimulus uncertainty weighsChina's finance ministry is scheduled to hold a news conference on fiscal policy on Saturday.Reuters | October 11, 2024 | 7:42 am
World’s first manufacturing plant for rare-earth-free magnets opens in Minneapolis“Clean Earth Magnet” technology is manufactured from iron and nitrogen.Staff Writer | October 10, 2024 | 3:43 pm
LMFP battery technology breakthrough could increase EV range by 20%, Integrals Power saysThe company's LMFP materials feature 80% manganese, instead of the 50-70%…Staff Writer | October 9, 2024 | 4:02 pm
White House says review of Nippon Steel’s proposed purchase of US Steel ongoing A source told Reuters this week that the US national security panel reviewing Nippon Steel's $14.9 billion bid. Reuters | September 18, 2024 | 1:26 pm
US decision on Nippon’s bid for US Steel pushed back until after election CFIUS needs more time to understand the impact of national security and engage with the parties, the Reuters source added. Reuters | September 17, 2024 | 4:33 pm
US Steel CEO confident Nippon Steel deal will close ‘on its merits’ The companies countered in a 100-page letter that the deal would enhance US national security. Reuters | September 17, 2024 | 11:46 am
Bank of America forecasts copper price above $10,000, iron ore price below $80 by 2025 While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand. Staff Writer | September 17, 2024 | 10:07 am
Brazil confirms potential $18 billion deal with miners involved in deadly dam disaster The collapse of the dam at a Samarco iron ore mine near the city of Mariana killed 19 people. Reuters | September 17, 2024 | 7:34 am
Goldman Sachs cuts Q4 iron ore price forecast by $15/t on supply glut The bank cited market oversupply even though demand from top consumers in China is stabilizing. Reuters | September 16, 2024 | 7:25 am
Vale says routine check revealed cracks in dam, stability unchanged In a securities filing, the company said the issue concerns the Forquilha III dam at the Fabrica iron ore mine. Reuters | September 14, 2024 | 4:02 pm
Focus on these stocks: Large undeveloped deposits It’s the geologists living on the edge who could offer early clues about Western Australia's position in this mining cycle. James Cooper | September 14, 2024 | 9:33 am
Nippon Steel bid for US Steel faces Sept. 23 review deadline The deal has become a political hot potato and faces high-profile opponents. Reuters | September 13, 2024 | 5:09 pm