Investors are preparing for a new era of slumping profits and hefty dividend cuts by the world’s largest miners as iron ore markets brace for a flood of supply to trigger a collapse in prices.

Japanese trading house Mitsui & Co. will buy a stake in an Australian iron ore project for $5.3 billion, in a bet that the global steel industry will need high-quality raw materials to support its ...

This was despite an 11% drop in iron ore prices, mainly because of weaker demand from China, as its domestic property sector still faces major issues. Rio Tinto's share price dropped 1.5% on ...

Japanese trading house Mitsui & Co said on Wednesday it would acquire a 40% stake in the Rio Tinto-operated Rhodes Ridge iron ore project in Western Australia for $5.34 billion, to strengthen its ...

BEIJING, Feb 21 (Reuters) - Iron ore futures prices climbed on Friday to their highest levels in more than four months and headed for a weekly gain, as signs of recovery in steel consumption ...

The state is then expected to try and recoup losses by suing Fortescue, the world's fourth biggest miner of iron ore. "Fortescue accepts that the Yindjibarndi People are entitled to compensation ...

Vale approves $1.98B in dividends, yielding 10.4%, and renews a 120M share buyback program. Iron ore production expected to rise to 325-335 Mt in FY25, with costs declining through 2026 Get access ...

But it won’t occur seamlessly, as the miner’s historical main profit-driver, its West Australian iron ore business, wanes even as it ramps up copper and potash as its future earnings and ...

Japanese firms have spent more than $10 billion on Australian iron ore and coal mines in the past six months as geopolitical and commercial ties converge. Japanese buyers are known for three ...

Scott Olson / Getty Images You may have heard about iron condors, a popular option strategy used by professional money managers and individual investors. Let's begin by discussing what an iron ...

Fortescue Ltd.’s first-half profit plunged by 53% from the year before as demand for iron ore from biggest consumer China softened. The slump in net income to $1.55 billion for the six months to ...