Iron ore boom of the 2000s repeating – this time with critical metals
A headline published in The Age back in July 2003 reads: “[Andrew] Forrest has a grand $1.2bn plan for tiny Perth mining company.” That company was called Allied Mining and…
Iron Ore
Anglo American to produce iron ore from Vale’s deposit in Brazil
The miners have signed an agreement to integrate the Serra da Serpentina deposit into the Minas-Rio iron ore complex.
Rio Tinto OKs US$6.2B Simandou iron mine
“The board yesterday approved the largest mining project in the world,” CEO Stausholm told Financial Times.
Rio Tinto autonomous train derails in Western Australia
Rio Tinto (ASX: RIO) said on Tuesday that an unloaded autonomous train derailed on Sunday evening at about 120 km from Western Australia’s Dampier port. The world’s largest iron ore…
Peru unveils platform to speed up permitting
Officials from Peru’s Ministry of Energy and Mines met with representatives from the largest mining companies operating in the country to offer details on a new digital initiative expected to…
BHP to review US$9.7B fine handed by Brazil over dam failure
BHP (ASX: BHP) said on Friday it had yet to receive a formal notification from Brazilian authorities about a court decision sentencing it to pay 47.6 billion reais (US$9.7 billion) in…
BHP diverts shipments to avoid Red Sea attacks
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) is diverting some of its shipments from Asia to Europe away from the Red Sea due to the increase in drone and missile…
Former Fortescue execs launch green iron startup
Two former executives that worked at Fortescue’s clean energy initiatives, Michael Masterman and Bart Kolodziejczyk, have launched a startup that aims to cut carbon emissions of the Australian iron ore…
Sumitomo invests $14.5M for 9.9% of FPX Nickel
Sumitomo Metal Mining Canada is investing about $14.5 million in FPX Nickel (TSXV: FPX; US-OTC: FPOCF), which holds the Baptiste greenfield development project in British Columbia. The private placement of…
How did Vale tailings dam burst and kills hundreds?
Construction details in the tailings dam at Vale’s (NYSE: VALE) Corrego do Feijao iron ore mine in Brazil may have caused the burst that killed at least 270 people when…
Simandou build expected to start in 2024 after almost 30 years of setbacks
Set to be the world’s largest and highest grade new iron ore mine, the project will add around 5% to global seaborne supply when it comes on line.
Canada slams US antidumping duty on tin mill products, citing trade concerns
The United States Department of Commerce Friday announced measures to curb dumping of tin mill products from several countries including Canada in a move Ottawa criticized as “disappointing” and a…