China’s steel demand share to plunge 36% by 2050
China’s steel consumption is projected to decline steadily over the next decade, marking a structural shift in global demand dynamics, according to a new report from Wood Mackenzie. The country…
Iron Ore
Anglo sells rest of Amplats
Anglo American (LSE: AAL) sold its final stake in Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), as part of restructuring it began last year. The deal for the…
Vale to spend $12.2B in Brazil as Capanema reopens
Vale (NYSE: VALE) has officially reopened the Capanema iron ore mine in Brazil after a 22-year halt as part of a 67-billion real (US$12.2-billion) investment strategy through 2030. The reactivated…
MinRes posts A$904M loss as Ellison exit drags on
Mineral Resources (ASX: MIN) has plunged to its worst financial result in company history as the debt-heavy iron ore and lithium producer struggles to convince investors it has a clear…
US adds copper, potash, silicon to critical minerals list
The U.S. government has added copper, potash and silicon to its draft list of critical minerals in the most significant overhaul since it was first published in 2018. The update, mandated…
Rio Tinto overhauls units, axes execs
Rio Tinto’s (ASX, NYSE, LSE: RIO) new CEO Simon Trott has launched a sweeping overhaul of the miner’s structure, consolidating operations into three core divisions while placing several non-core assets…
Iron ore prices gain after death halts Rio’s Simandou
Iron ore prices climbed to a one-week high on Monday after Rio Tinto (NYSE, LSE, ASX: RIO) suspended operations at its Simandou project in Guinea when an incident killed a…
Top 10: Down Under giants adapt to global shifts
In The Northern Miner’s annual look at the world’s largest miners, Australia always figures prominently. This is third in a series after Canada and the United States. The southern continent’s…
Finland reclaims mining crown as Canada slips
Finland has regained its status as the world’s most attractive jurisdiction for mining and exploration it held in the early 2010s, followed by Nevada and Alaska, according to the Fraser Institute’s…
Temas CEO targets dual ASX listing by September
Temas Resources (CSE: TMAS) is working on an Australian Stock Exchange listing that will help the Canadian explorer and metals technology company broaden its investor base and advance two titanium-vanadium-iron projects…
BHP delays Jansen potash output to 2027, costs climb
BHP (ASX, NYSE LSE: BHP) says first production from its flagship Jansen stage one potash project in Saskatchewan will be delayed by at least six months to mid-2027, with capital…
Rio picks iron ore boss Trott as new CEO
Rio Tinto (ASX, LSE: RIO) has chosen Simon Trott, head of the company’s iron ore unit, as its new CEO, selecting a 20-year company veteran to steer the mining giant…