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Iron-ore

An image of Vuslat Bayoglu
Budding developer prioritises diversification
21st February 2025 By: Lumkile Nkomfe

More opportunities are likely to emerge in the manganese value chain in future, following anticipated growth in demand for manganese ore and its products including ferromanganese. “This is being... 


World’s biggest miners pinched by iron-ore’s China problem
World’s biggest miners pinched by iron-ore’s China problem
20th February 2025 By: Bloomberg

The world’s biggest miners, having cashed in on China’s once-rampant demand for iron-ore, are starting to reel from the impact of their main customer’s economic struggles. BHP Group, Rio Tinto... 


Fortescue Energy CEO Mark Hutchinson
Fortescue adjusts green energy timelines amid market uncertainty
20th February 2025 By: Mariaan Webb

Australia’s Fortescue remains committed to its green energy vision, but is adjusting project timelines to navigate global market uncertainties, the CEO of its energy division, Mark Hutchinson, said... 


Voisey's Bay in Canada
Vale posts $694m loss, dragged down by Canadian assets
20th February 2025 By: Reuters

Brazilian miner Vale reported on Wednesday a $694-million loss in the fourth quarter, missing estimates and swinging from a hefty profit a year earlier, as it logged impairments on some of its... 


A Transnet locomotive
Dept of Transport, Transnet to engage market on private sector participation opportunities soon
20th February 2025 By: Darren Parker

The Department of Transport and State-owned Transnet will, in the next two months, engage the market on private sector participation (PSP) projects in several areas, Finance Minister Enoch... 


Glencore Alloys CEO Japie Fullard.
South Africa’s chromite recovery potential broadened by Glencore, Sibanye deal
19th February 2025 By: Martin Creamer

South Africa’s chromite recovery potential has been broadened by Wednesday’s joint venture (JV) agreement between Glencore Operations South Africa and Sibanye-Stillwater. “We’ll definitely extend... 


Mitsui secures $5bn stake in Rhodes Ridge iron-ore project
Mitsui secures $5bn stake in Rhodes Ridge iron-ore project
19th February 2025 By: Mariaan Webb

Japanese conglomerate Mitsui & Co has announced a $5.34-billion acquisition of a 40% stake in the Rhodes Ridge iron-ore project in Australia. As part of the transaction, Mitsui will acquire VOC... 


Mineral Resources CEO Chris Ellison
Mineral Resources sees worst day in 16 yrs on production woes, higher costs
19th February 2025 By: Reuters

Shares of Mineral Resources (MinRes) plunged to their worst day in 16 years on Wednesday after the Australian miner cut its fiscal 2025 production volumes and raised costs for its Onslow iron... 


Aboriginal group seeks $1.1bn from Western Australia in iron-ore claim
Aboriginal group seeks $1.1bn from Western Australia in iron-ore claim
19th February 2025 By: Reuters

An Aboriginal group is seeking A$1.8-billion ($1.1-billion) from Western Australia in compensation after the state government allowed Fortescue to mine for iron-ore without a land use deal, court... 


Kumba CE Mpumi Zikalala
Kumba posts lower earnings, dividend as steel demand weakened in 2024
18th February 2025 By: Marleny Arnoldi

Anglo American subsidiary Kumba Iron Ore has reported a 17% lower total dividend for the year ended December 31, on the back of steel market and iron-ore pricing dynamics. The company’s total... 


Robert Friedland
Billionaire Friedland’s iron-ore miner seeks up to A$300m in Australia IPO
18th February 2025 By: Bloomberg

Mining billionaire Robert Friedland’s latest venture, iron-ore producer Ivanhoe Atlantic, is seeking to raise as much as A$300-million from an initial public offering (IPO) in Australia, people... 


BHP CEO Mike Henry
BHP CEO strikes upbeat tone despite profit decline
18th February 2025 By: Mariaan Webb

Diversified mining major BHP remains optimistic about demand for its products, despite a decline in interim profit and ongoing global economic uncertainties. CEO Mike Henry on Tuesday highlighted... 


Cyclone and Vale ink $138m deal for Canada iron-ore project
Cyclone and Vale ink $138m deal for Canada iron-ore project
17th February 2025 By: Mariaan Webb

ASX-listed Cyclone Metals on Monday announced a binding commercial agreement with Vale for the joint development of the Iron Bear iron-ore project in Canada. Under the terms of the agreement,... 


truck loaded with building aggregates
Afrimat notes some improvement in conditions following tough first-half
17th February 2025 By: Darren Parker

JSE-listed mining and materials group Afrimat has warned that losses in its cement segment and a weaker-than-expected performance from its anthracite segment will mean that its results for the 2025... 


Vale expects to raise Carajas iron ore output by 13% with billionaire investment
Vale expects to raise Carajas iron ore output by 13% with billionaire investment
17th February 2025 By: Bloomberg

Brazilian miner Vale said on Friday it expects to raise iron ore production in its main complex Carajas, in northern Brazil, by nearly 13% through 2030 as part of a 70-billion real ($12.26-billion)... 


Rio Tinto's Yandicoogina mine
Top iron-ore miners face weakest results since 2019
17th February 2025 By: Reuters

The top global iron ore miners are headed for their weakest earnings in five years as a struggling Chinese property sector weighs on demand for the steel raw material, while new supply coming on... 


Australia’s iron-ore hub reopens, Rio mines resume after cyclone
Australia’s iron-ore hub reopens, Rio mines resume after cyclone
17th February 2025 By: Bloomberg

Australia’s biggest iron-ore port reopened and Rio Tinto Plc mines resumed operations after being spared any major damage from Tropical Cyclone Zelia. Port Hedland, which handled almost 760... 


Haul trucks at a South African PGM mine
South Africa's mining output down 2.4% y/y in December
13th February 2025 By: Creamer Media Reporter

South Africa's mining production decreased by 2.4% year-on-year in December, with platinum group metals (PGMs) and gold having made the largest negative contributions. PGM production decreased by... 


Tropical cyclone forces closure of ports in Western Australia's Pilbara region
Tropical cyclone forces closure of ports in Western Australia's Pilbara region
13th February 2025 By: Reuters

Western Australia's ports of Dampier and Varanus Island will be closed at 6 p.m. on Thursday due to Tropical Cyclone Zelia, the ports' operator said, with emergency services in the state warning of... 


Vale to invest $12bn to expand Carajas site, Brazil government says
Vale to invest $12bn to expand Carajas site, Brazil government says
13th February 2025 By: Reuters

Brazilian miner Vale will announce on Friday a 70-billion real ($12.2-billion) investment to expand its iron ore and copper mining operations at the Carajas complex in northern Brazil, the... 


Jake Klein will transition to a nonexecutive role at Evolution Mining.
Leadership changes at Evolution and Fortescue
12th February 2025 By: Mariaan Webb

Two of Australia’s major mining companies, Evolution Mining and Fortescue, announced leadership changes on Wednesday. Gold miner Evolution confirmed that executive chairperson Jake Klein will... 


Mantengu chairperson Jonas Tshikundamalema
Mantengu buys MIB’s iron beneficiation plant
11th February 2025 By: Sabrina Jardim

JSE-listed Mantengu Mining has acquired Masorini Iron Beneficiation’s (MIB’s) iron beneficiation plant in Phalaborwa, Limpopo, for R18.97-million. Mantengu says this strategic move positions the... 


IMF MD Kristalina Georgieva
Too early to assess US tariffs' impact on world economy, IMF managing director says
11th February 2025 By: Reuters

US tariffs are an "evolving story" and it is too early to assess their impact on the world economy, International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday. She told the... 


Key iron-ore port clears ships as storm tracks toward Australia
Key iron-ore port clears ships as storm tracks toward Australia
11th February 2025 By: Bloomberg

The iron-ore export hub of Port Hedland has started clearing vessels as a tropical low tracks toward the Western Australian coast, the latest in a series of storm-related disruptions for the region... 


Flashback to President Cyril Ramaphosa during South Africa's hosting of the BRICS Summit.
Could BRICS Plus play a new-era role in aiding Africa's strong beneficiation aspirations?
10th February 2025 By: Martin Creamer

Collectively, Africa’s critical mineral resources are attractively expansive. Could BRICS Plus potentially become a widespread new-era platform for distinctive mining and metals collaboration and... 


Iron-ore at multi-month high as improving fundamentals outweigh Trump tariff threat
Iron-ore at multi-month high as improving fundamentals outweigh Trump tariff threat
10th February 2025 By: Reuters

Iron-ore futures gained on Monday as earlier losses triggered by US President Donald Trump's latest tariff threats were countered by signs of recovering demand in top consumer China and falling... 


Magnetite Mines CFO resigns
7th February 2025 By: Creamer Media Reporter

Iron-ore developer Magnetite Mines announced on Friday that Simon Smith had resigned as CFO and co-company secretary, with effect from March 7. Inthu Siva, currently co-company secretary and... 


Vale takes full control of Baovale iron-ore project
7th February 2025 By: Reuters

Brazilian miner Vale confirmed on Thursday it has bought the 50% stake in its Baovale tie-up previously owned by its Chinese partner Baoshan Iron & Steel, known as Baosteel, a move that gives Vale... 


Iron-ore pares losses on Australia supply worries, softer US dollar
6th February 2025 By: Reuters

Iron-ore futures clawed back higher on Thursday, supported by a softer dollar and Australia supply snags, while investors looked for fresh developments surrounding the trade war between the United... 


Kumba Iron Ore CEO Mpumi Zikalala
Kumba to report nearly 50% drop in headline earnings for 2024
6th February 2025 By: Darren Parker

JSE-listed iron-ore producer Kumba Iron Ore has advised that its headline earnings per share (HEPS) for the year ended December 31, 2024, are expected to be between R36.60 and R40.50, a decrease of... 


AMSA postpones longs wind down by month amid intense rescue talks with government
AMSA postpones longs wind down by month amid intense rescue talks with government
6th February 2025 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has postponed the wind down of its longs business by a month to allow talks with government on possible ways to prevent the closure to progress, as... 


Anglo American CEO Duncan Wanblad
Anglo reports solid copper, iron-ore operational performance as portfolio simplification continues
6th February 2025 By: Creamer Media Reporter

Diversified miner Anglo American's copper and iron-ore operations delivered a good performance for the fourth quarter of 2024, as well as for the full-year, in line with the group's growing focus... 


Menar MD Vuslat Bayoglu
Return of ferromanganese is this year’s focus, Menar emphasises at Mining Indaba
5th February 2025 By: Martin Creamer

Helping South Africa to return to being a producer of ferromanganese will be a major 2025 focus of mining company Menar, its MD Vuslat Bayoglu emphasised on Wednesday. In an interview on day-three... 


FMG closer to securing Red Hawk as offer nears unconditional status
FMG closer to securing Red Hawk as offer nears unconditional status
5th February 2025 By: Mariaan Webb

Iron-ore major Fortescue's bid to acquire Red Hawk Mining is progressing towards completion, with the offer now set to become unconditional by February 17. Fortescue’s subsidiary, FMG Pilbara... 


Iron-ore
Guinea sees maximum Simandou output in second year of operation
5th February 2025 By: Bloomberg

Guinea expects the giant Simandou iron-ore project, which is expected to begin production by December, to achieve maximum output by its second year of operation. The government projects the two... 


Coal being transported on rail
Transnet sees rail volumes falling short of target this year
5th February 2025 By: Reuters

South African logistics group Transnet's rail freight volumes could reach 160-million to 165-million tons in the year to end March, its CEO said on Tuesday, ahead of last year but short of a... 


Athena appoints new CEO
4th February 2025 By: Creamer Media Reporter

Western Australian iron-ore developer Athena Resources on Tuesday announced the appointment of Peter Jones as MD and CEO with effect from February 17. Prior to joining Athena, Jones worked for... 


Wood secures engineering contract at Cameroon mining project
4th February 2025 By: Tasneem Bulbulia

Consulting and engineering company Wood has been awarded an engineering scope for the Ngovayang iron-ore project, in southern Cameroon. The award by Cameroon Mining Action (Camina), a subsidiary of... 


Rio Tinto faces new iron-ore shipping snarls due to cyclones
Rio Tinto faces new iron-ore shipping snarls due to cyclones
4th February 2025 By: Reuters

Rio Tinto said on Tuesday it had begun clearing iron ore ships from two Western Australian ports as two tropical cyclones offshore swell seas and complicate its efforts to repair infrastructure... 


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