The term gamechanger is often over used enough to be rendered meaningless, but the huge Simandou mine in the West African ...

Iron ore futures prices faltered on Tuesday, weighed down by a recovery in iron ore shipments and increasing levies and ...

Global iron ore shipments have fallen 7% y/y, during the first seven weeks of 2025, amid supply disruptions and weak Chinese ...

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 ...

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 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 ...

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 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 ...

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 ...