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Iron-ore

Anglo American's South African office
Lure of Anglo's copper mines could test BHP's spending resolve
20th December 2024 By: Reuters

BHP, the world's biggest miner, would need to offer a minimum 40% premium over Anglo American's share price to make a renewed takeover bid now the rival's value has been boosted by asset sales, two... 


A TFR locomotive
Network Statement a major step in rail reform – B4SA
20th December 2024 By: Schalk Burger

Industry organisation Business for South Africa (B4SA) welcomes the release of the Network Statement as an exciting and significant milestone in the journey towards meaningful rail sector reform in... 


An iron-ore mine in Australia
Australia expects export resource earnings to drop 10% in FY2025
19th December 2024 By: Reuters

Australia expects its resource and energy export earnings to fall by about 10% to A$372-billion ($231.6-billion) in the fiscal year ending June 2025 mostly due to falling iron-ore prices and... 


A Rio Tinto office
Rio Tinto shareholders call for resolution on review of dual-listed structure
19th December 2024 By: Reuters

Activist investor Palliser Capital and over 100 other shareholders on Thursday sought a resolution over a review of Rio Tinto's RIO.AX dual-listed model, in a bid to unify the miner's corporate... 


Champion Iron CEO David Cataford
Nippon Steel, Sojitz to take 49% stake in Champion Iron's Canada project
19th December 2024 By: Reuters

Australia's Champion Iron said on Thursday Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the company's Kami project in Canada for A$245-million ($152-million).... 


Metalloys in Meyerton, Gauteng.
Ferromanganese revival hopes raised by Competition Tribunal’s green light
18th December 2024 By: Martin Creamer

The Competition Tribunal approval of the acquisition of ferromanganese major Metalloys in Meyerton, Gauteng, is raising hopes of a revival of South Africa’s manganese alloy potential. Metalloys,... 


BHP CEO Mike Henry
BHP sees rising uncertainty for miners on trade as Trump returns
18th December 2024 By: Bloomberg

BHP Group, the world’s biggest miner, expects increasing uncertainty in the near term as US President-elect Donald Trump prepares to implement a slew of tariffs and other trade measures. “In the... 


Iron-ore stockpiles in Pilbara
BlueScope, BHP, Rio Tinto to build ESF pilot plant to decarbonise Australian steel industry
17th December 2024 By: Simone Liedtke

The Kwinana Industrial Area, in Western Australia, has been selected as the location for Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant. The project combines the... 


The Samarco mine
Samarco to invest more than $1bn to resume full capacity
17th December 2024 By: Bloomberg

Samarco Minercao expects to invest more than $1-billion to return its iron-ore operations to full capacity by January 2028 — a date that’s more than 12 years after the operation was first sidelined... 


BHP's South Flank mine
BHP says Australian South Flank iron-ore operations resume after weekend pause
17th December 2024 By: Reuters

BHP paused operations at two iron-ore mines in Western Australia on Saturday after heavy rains in the country's Pilbara region, a spokesperson told Reuters on Tuesday, adding operations have since... 


Brazilian miner Vale invests in US startup as part of decarbonisation push
12th December 2024 By: Reuters

Vale Ventures, the corporate venture capital initiative of Brazilian miner Vale, said on Thursday it has invested in a Boston-based startup focused on developing solutions to decarbonise heat... 


Further measures to lower exposure to diesel particulate matter.
New commitment to reduce exposure to diesel emissions in underground mines
11th December 2024 By: Martin Creamer

A most fundamental human need is to breathe fresh air. Yet, for millions of people working in underground mines across the globe, this is not a given. Now, members of the international ICMM mining... 


ZIOC signs MoU with Arise for mineral export facility development
11th December 2024 By: Tasneem Bulbulia

Aim-listed Zanaga Iron Ore Company (ZIOC) has entered into a memorandum of understanding (MoU) with Arise Integrated Industrial Platforms to advance the development of the Zanaga iron-ore project’s... 


An iron-ore deposit
Guinea plans sovereign wealth fund backed by iron-ore income
11th December 2024 By: Bloomberg

Guinea plans to use some of its income from mining the world’s largest iron-ore reserve to create a sovereign wealth fund. The facility will fund key development projects in the government’s... 


Chilean mine proposal could face Supreme Court review, Environment Minister says
11th December 2024 By: Reuters

An iron and copper mining project in northern Chile that has raised environmental concerns could eventually face scrutiny by the Supreme Court, the Environment Minister said on Tuesday, after a... 


South African technology positioned to elevate alloy production to new high level of greenness.
Global green alloy acclaim is there for South Africa to attain using new local technology
10th December 2024 By: Martin Creamer

South Africa, which hosts more than 70% of the world reserves of chrome ore and manganese ores, was dominant in ferroalloy production until 2010. In the early 2000s, South Africa was the undisputed... 


Australian iron-ore miners soar on China stimulus optimism
Australian iron-ore miners soar on China stimulus optimism
10th December 2024 By: Reuters

hares of Australian iron-ore miners surged the most in over two years on Tuesday after the country's top trading partner China's pledge for more policy stimulus to spur economic growth raised the... 


Green SmeltDirect uses 70% less electricity.
Thrilling new home-grown technology can win back South Africa’s lost ferroalloy renown
6th December 2024 By: Martin Creamer

New Proudly South African smelting technology, which uses 70% less electricity, cuts costs, slashes carbon emissions and can process low-grade material, has all the attributes needed to win back... 


Kraftblock co-founder and CEO Dr Martin Schichtel.
Mines urged to fill renewables gaps with green electrons from on-site waste heat
5th December 2024 By: Martin Creamer

Mines using renewable energy are being encouraged to harvest and store heat wasted during minerals processing and to then use its green electrons to close renewables intermittency gaps that come... 


BHP and HBIS deepen partnership to decarbonise steel
5th December 2024 By: Creamer Media Reporter

Mining giant BHP and Chinese steel group HBIS announced on Thursday the signing of a new memorandum of understanding (MoU) to strengthen their collaboration on reducing carbon emissions in the... 


Dr Nombasa Tsengwa.
Exxaro places CEO on precautionary suspension with immediate effect
4th December 2024 By: Martin Creamer

Dr Nombasa Tsengwa, the CEO of Johannesburg Stock Exchange-listed Exxaro Resources, has been placed on precautionary suspension with immediate effect, pending the outcome of an independent... 


Fortescue's battery electric haul truck prototype
Fortescue to develop fast chargers capable of powering 240-t mining trucks in 30 min
4th December 2024 By: Creamer Media Reporter

Australian technology, energy and metals group Fortescue Metals has been awarded A$10-million in funding from the Australian Renewable Energy Agency (Arena) to advance the development of a 6 MW... 


The Tshipi manganese mine
Mining value rebounds in third quarter, but insufficient to lift overall GDP
3rd December 2024 By: Tasneem Bulbulia

A recovery in mining GDP during the third quarter of the year, after quarterly declines in the previous two quarters, was still unable to lift overall real GDP in the July to September quarter,... 


Vale to produce up to 335Mt of iron-ore in 2025
Vale to produce up to 335Mt of iron-ore in 2025
3rd December 2024 By: Reuters

Brazilian miner Vale said on Tuesday it expects to produce between 325-million and 335-million metric tons of iron-ore in 2025, following an output of about 328-million tons this year. Vale, one... 


Exxaro Financial Director Riaan Koppeschaar.
Global investor sentiment towards South Africa much better in 2024, Exxaro reports
3rd December 2024 By: Martin Creamer

Global investor sentiment towards South Africa improved significantly in 2024, Exxaro FD Riaan Koppeschaar reported on Tuesday, December 3. In a pre-close message for the financial year ending... 


Minas Rio in Brazil
Anglo American integrates Vale’s Serpentina resource into Minas Rio
3rd December 2024 By: Mariaan Webb

Diversified miner Anglo American has completed the transaction to incorporate the Serpentina iron-ore resource into its Minas-Rio operation in Brazil, the company announced on Monday. The deal,... 


Fortescue awards $400m contract to XCMG to supply zero emissions mining equipment
Fortescue awards $400m contract to XCMG to supply zero emissions mining equipment
28th November 2024 By: Creamer Media Reporter

Australian iron-ore major Fortescue will buy more than 100 zero-emission heavy mobile mining equipment items under a deal with Chinese heavy machinery manufacturer, XCMG. The contract, with a... 


Menar MD Vuslat Bayoglu
Competition approval awaited for re-start of major ferromanganese facility – Menar
27th November 2024 By: Martin Creamer

Private investment company Menar, which is awaiting Competition Commission approval following its bid for the large Metalloys ferromanganese facility in Meyerton, is looking to restart at least two... 


Strategic secures iron-ore supply deal, $150m facility with Javelin
26th November 2024 By: Creamer Media Reporter

Montreal-headquartered Strategic Resources has signed definitive agency agreements with commodities trader Javelin Global to procure four-million tonnes of direct reduction (DR) grade iron-ore... 


Iron-ore being loaded onto a ship
Iron-ore edges higher on firmer steel output, but Trump tariff pledge weighs on market
26th November 2024 By: Reuters

Iron-ore futures ticked up on Tuesday for a second straight session, buoyed by stronger global steel production, although US President-elect Donald Trump's pledge to implement new tariffs when he... 


Anglo American CEO Duncan Wanblad
Anglo American sells rest of Australian coal mines for $3.8bn as part of portfolio reshaping
25th November 2024 By: Mariaan Webb

Diversified mining giant Anglo American announced on Monday the sale of its Australian steelmaking coal mines to Peabody, a US-based coal producer, for $3.8-billion. The move is part of the... 


Scott Bessent
Base metals climb as dollar drops after Trump’s Treasury choice
25th November 2024 By: Bloomberg

Base metals and iron-ore gained as the dollar dropped following US President-elect Donald Trump’s measured pick for Treasury secretary. All major contracts on the London Metal Exchange advanced,... 


Chris Ellison
Mining chief Ellison tells shareholders: ‘I hate what I’ve done’
21st November 2024 By: Bloomberg

Chris Ellison, the MD and founder of Mineral Resources, told shareholders that he deeply regretted actions that have been revealed in recent weeks, including not paying personal tax. “I put that... 


Chris Ellison
MinRes to de-link with founder Chris Ellison after tax evasion scandal
21st November 2024 By: Reuters

Australia's Mineral Resources (MinRes) said on Thursday it plans to unwind or exit deals with entities linked to its billionaire founder Chris Ellison after an internal probe found he misused... 


Solar panels
Zimbabwe power tariff hike sparks 3 000 MW of energy investments
20th November 2024 By: Bloomberg

Zimbabwe’s decision to adopt tariffs that reflect costs has sparked a wave of investments in the energy sector that will help ease its power crisis. Since the switch in December last year, energy... 


Rio Tinto report shows bullying remains rife with women targeted
Rio Tinto report shows bullying remains rife with women targeted
20th November 2024 By: Bloomberg

A new report by Rio Tinto Group showed 39% of workers surveyed by the world’s second-biggest miner had experienced bullying within a 12-month period, up from 31% in 2021. Two years after Rio Tinto... 


iron ore pellets
Iron-ore prices to remain at about $100/t in 2025, BMI says
18th November 2024 By: Darren Parker

Market research firm BMI, a Fitch Solutions company, has maintained its 2025 iron-ore price forecast at an average of $100/t, expecting continued downward pressure owing to weak demand stemming... 


Geraldine Slattery
BHP warns Australian mining not ready for low-cost competitors
18th November 2024 By: Bloomberg

BHP Group’s Australia chief said the nation can’t rely on its traditional mining export markets and is unprepared for a new era of lower-cost competitors. The boom in demand from China’s... 


Cyclone brings Vale on board for Canada iron-ore project
Cyclone brings Vale on board for Canada iron-ore project
15th November 2024 By: Creamer Media Reporter

ASX-listed Cyclone Metals has announced a memorandum of understanding (MoU) with diversified major Vale regarding the development of an iron-ore project in Canada. The MoU outlines the terms for a... 


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