An Aboriginal group is seeking A$1.8 billion ($1.1 billion) from Western Australia in compensation after the state government ...

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 ...

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 ...

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 ...

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 ...

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 ...