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Champion Iron bolsters liquidity for growth opportunities

Quebec Iron Ore (QIO), a subsidiary of TSX- and ASX-listed Champion Iron, has completed a $230-million term-loan financing facility, significantly increasing its available liquidity to support organic growth and development opportunities to decarbonise steelma...

Thursday, November 30, 2023

Rio Tinto lauds country's advantages

China's resilient supply chains have given multinational companies strong confidence to deepen their market development amid the improved business environment in the country in recent years, a top executive of Rio Tinto said.

Wednesday, November 29, 2023

Magnum mulls fast start-up option at Buena Vista

The expedited development option will have average ore grades of 29.1% iron over the five years.

Wednesday, November 22, 2023

Rio Tinto to enhance cooperation for green mining

An analyst said mining companies have been stepping up investment and local cooperation in China for more green opportunities in recent years.

Monday, November 20, 2023

Iron-ore hits $130 for first time since March on China stimulus

Iron-ore futures in Singapore touched $130 a ton for the first time since March on improving demand for steel in China, which is considering a new wave of stimulus to shore up the struggling property sector

Thursday, November 16, 2023

Vale to sell 14% stake in Indonesia unit

Vale (NYSE: VALE) will divest 14% of its stake in Indonesian nickel unit to fulfill the country’s divestment rules, mining minister Arifin Tasrif told reporters on Friday.

Monday, November 13, 2023

China’s state-backed iron ore giant says prices are too high

Iron ore has reached “unreasonable” levels that are hurting Chinese steel mills, according to China Mineral Resources Group, the state-backed firm trying to boost Beijing’s sway over prices.

Wednesday, November 8, 2023

Vale's iron ore exports up 0.6 percent in January-August

In August this year, Brazilian miner Vale's iron ore export volume totaled 23.54 million mt, rising by 3.9 percent

Thursday, November 2, 2023
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