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.

Mining billionaire Robert Friedland’s latest venture, iron ore producer Ivanhoe Atlantic Inc., is seeking to raise as much as A$300 million ($190 million) from an initial public offering in ...

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 ...

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 ...

SAO PAULO/RIO DE JANEIRO - Brazilian miner Vale posted on Tuesday its highest annual iron-ore production since 2018, even after a decline in output in the fourth quarter when the company ...

Iron ore production up 2% to nearly 328 million metric tons in 2024 In Q4, iron ore production down 4.6% and sales down 10% Vale prioritized production of higher-margin iron ore products in Q4 SAO ...

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 ...

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 ...

Brazilian miner Vale posted on Tuesday its highest annual iron ore production since 2018, even after a decline in output in the fourth quarter when the company prioritized higher-margin products.

Vale achieved the highest iron ore output since 2018, reaching 328M metric tons. Despite subdued Chinese demand, the firm targets similar output in 2025. Get two weeks of free access to pro-level ...