Vale SA’s iron ore production fell short of estimates in the third quarter as the world’s largest producer of the steelmaking ingredient faced challenges at a mine in northern Brazil.

Trafigura Group and Mubadala Capital have shelved plans to sell a Brazilian iron ore port after offers came in below what the sellers were seeking amid a cloudy outlook for the commodity, according to people familiar with the matter.

Anglo American Plc’s top executive in Brazil says the nation should avoid picking sides in the global race for critical minerals and seek to supply nations across geopolitical blocs.

If Flávio Bolsonaro wins Brazil’s presidential runoff on Oct. 25, he will give the nation’s state oil company broad freedom to reshape its portfolio while seeking to bring more private investment into sectors dominated by the state-controlled oil producer, according to one of his energy advisers.

If Flávio Bolsonaro wins Brazil’s presidential runoff on Oct. 25, he will give the nation’s state oil company broad freedom to reshape its portfolio while seeking to bring more private investment into sectors dominated by the state-controlled oil producer, according to one of his energy advisers.

Brazil is readying its debut panda-bond sale, which could take place as early as next week, according to a person familiar with the matter.

Gold was little changed as traders weighed easing bets on an imminent Federal Reserve rate hike against a surge in oil prices that pushed Treasury yields higher.

Right-wing senator could renew his father’s push for more privatization.

Gold increased as an equity selloff drove investors into bonds, pushing Treasury yields lower.

Gold slumped after US consumer prices jumped the most in five months, reigniting worries that the Federal Reserve will need to raise interest rates further to combat inflation.

Gold pared losses after Federal Reserve Bank of New York President John Williams said he still sees one more interest-rate hike as appropriate this year, but doesn’t expect further tightening in 2027.

Braskem’s creditors shunned another restructuring proposal made by the company and its shareholders ahead of a key Oct. 9 deadline for a deal to rework some $11 billion of debt, people familiar with the matter said.

A surprising first round in Brazil’s presidential election is raising the prospect of a recalibration in trade policy, with a possible Flávio Bolsonaro government likely to deepen ties with Washington while preserving much of the country’s push to diversify markets.

A surprising first round in Brazil’s presidential election is raising the prospect of a recalibration in trade policy, with a possible Flávio Bolsonaro government likely to deepen ties with Washington while preserving much of the country’s push to diversify markets.

Brazil’s main steel association warned that imports still pose a threat, even with inbound shipments poised to fall 15% this year after anti-dumping measures against China.

Exploration on the continent has taken off since Exxon’s blockbuster discovery in Guyana.

Petrobras SA Chief Executive Officer Magda Chambriard ruled out raising the state-controlled oil producer’s stake in troubled petrochemicals firm Braskem SA, saying any additional capital must be matched by other investors.

Bonds issued by Cia. Siderúrgica Nacional SA are among the best performers in emerging markets following the appointment of its new CEO, as investors bet the company’s ambitious asset-sale program will finally move forward and allow the steelmaker to reduce its heavy debt load.

Brazil’s state-controlled oil company Petrobras SA signed production-sharing contracts for eight exploratory offshore blocks in Ivory Coast, its latest move to expand its footprint in Africa.

Brazilian iron ore giant Vale SA is considering a debut in China’s bond market as early as this year, potentially following Brazil’s government in tapping Chinese investors.