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Cross-border renminbi settlement realized in Shanghai hit a record high of 29.8 trillion yuan ($4.1 trillion) in 2024, People's Bank of China Shanghai head office said on Wednesday.

Australia's Pilbara Minerals said on Monday it expects to swing to an underlying loss for the first half, as it placed one of its two processing plants in care and maintenance owing to a steep drop in lithium prices.

The company’s headline earnings for the period are expected to be between R11.7-billion and R12.9-billion, compared with headline earnings of R22.7-billion for 2023.

Brazilian miner Vale confirmed on Thursday it has bought the 50% stake in its Baovale tie-up previously owned by its Chinese partner Baoshan Iron & Steel, known as Baosteel, a move that gives Vale full control of the iron-ore project.

UK-based mining giant Anglo American has announced its production results for the fourth quarter and full year of 2024.

India's Tata Steel Limited and Indian government-run design, engineering consultancy firm MECON have signed a business collaboration agreement

Tropical Cyclone Sean made itself known in Western Australia last week, delivering record rainfall along the Pilbara coastline.

Shares of Australia's Fortescue slipped on Thursday to a one-week low as it posted a marginal rise in its second-quarter iron-ore shipments, largely in line with market expectations for the period.