Iron Ore

The global iron-ore market is likely to have a shortfall following the dam spill and mine curtailments at top supplier Vale, according to Fortescue Metals Group founder Andrew Forrest, who cautioned that other producers face constraints in boosting out…

A year after Lourenco Goncalves raged against analysts from Goldman Sachs Group, the Cleveland-Cliffs Inc. chief’s acrimony has reversed 180 degrees.

“I love you, you are the best commodity desk I have ever seen in my life,” he said at a conference or…

ASX-listed Mineral Resources (Minres) on Wednesday said that it was finalising an operating plan for its Yilgarn iron-ore business, in Western Australia, after confirming a mineral resource of 108.6-million tonnes, grading 56.8% iron.

The company told…

ASX-listed Mineral Resources (Minres) on Wednesday said that it was finalising an operating plan for its Yilgarn iron-ore business, in Western Australia, after confirming a mineral resource of 108.6-million tonnes, grading 56.8% iron.

The company told…

Chinese iron ore futures recouped early losses to extend their rally into a sixth straight session on Tuesday as steel prices stretched gains amid shrinking inventories and possible fresh output restrictions to curb air pollution. Dalian Commodity Exch…

Iron-ore major Fortescue Metals has failed in its bid to gain mining rights on the Simandou blocks, in the Republic of Guinea

The miner on Thursday said that it had been notified by the Guinean government that it was not the preferred bidder in the …

A consortium of Guinea’s Societe Miniere de Boke (SMB) and Singapore’s Winning said on Wednesday it won a tender to develop blocks 1 and 2 of Guinea’s giant Simandou iron-ore project, edging out Australia’s Fortescue in a $14-billion deal.

The consort…

Following ArcelorMittal South Africa’s (AMSA’s) decision to wind down its steel operations at Saldanha Works, in the Western Cape, Kumba Iron Ore has reduced its iron-ore sales guidance for the full year to between 41.5-million and 42.5-million tonnes….

Mine expansions in Brazil and increasing output from India, offset by declining output in China, will result in modest growth for global iron-ore production up to 2028, said research agency Fitch Solutions.

Fitch Solutions on Tuesday published its gl…

Brazilian iron-ore miner Vale on Monday said it now expects sales of iron-ore and pellets to be between 307-million and 312 million tonnes in 2019, further reducing its full-year outlook as it grapples with the aftermath of a deadly dam burst.

Vale ha…