Brazil’s CSN to sell up to 11% of mining unit to Japan’s ItochuThe potential transaction still depends on additional corporate and antitrust green light.Reuters | October 16, 2024 | 7:19 am
Cosan not looking to sell Vale stake in short term, chairman saysCosan is a Brazilian commodity giant with a stake of…Reuters | October 16, 2024 | 7:13 am
Rio Tinto Q3 iron ore shipments rise, sees first Simandou output in 2025Rio has reaffirmed its 2024 Pilbara iron ore shipments forecast…Reuters | October 15, 2024 | 3:06 pm
Australia revises down commodity revenue forecasts as prices trend lower Australia's largest export iron ore has been particularly hard hit by the slowdown in the Chinese property sector. Reuters | September 29, 2024 | 9:46 am
Sugar giant Cosan mulls selling Vale stake on leverage woes Cosan has a 4.1% interest in the iron ore producer. Bloomberg News | September 29, 2024 | 9:19 am
India’s iron ore production jumps by 7.4% in April-August Iron ore accounts for 70% of the total mineral production by value in India. Reuters | September 28, 2024 | 4:24 pm
Mercuria blazes trail for energy traders eyeing a metals bonanza As of Sept. 25, Mercuria was advertising four metals-related jobs on LinkedIn. Reuters | September 27, 2024 | 10:11 am
Fortescue, Liebherr secure orders for 100 electric mining trucks The two companies signed a $2.8 billion partnership to supply 360 of the trucks to Fortescue. Reuters | September 27, 2024 | 6:51 am
BHP to test Caterpillar’s new energy transfer system on its mining trucks The new technology transfers energy to diesel-electric and battery-electric large mining trucks while they are working on a mine site. Reuters | September 25, 2024 | 5:17 pm
US Steel confirms arbitration ruling favoring Nippon Steel’s $14.9 billion buyout The arbitration board ruled that US Steel met the successorship clause conditions in its labor agreement with the United Steelworkers union. Staff Writer | September 25, 2024 | 9:36 am
Iron ore price jumps to over three-week high on China stimulus, soft global supply China's central bank on Wednesday lowered the cost of its medium-term loans to banks. Reuters | September 25, 2024 | 6:20 am
Investors rush into Australian miners on China stimulus boost The mining sub-index has rallied 6% over the past two sessions. Reuters | September 25, 2024 | 6:15 am