Fortescue Ltd., one of the world’s biggest iron ore miners, has been ordered to pay over A$150 million ($108 million) in damages to an Aboriginal group after being found to have operated the Solomon Hub project on their land without consent.
Fortescue Ltd., one of the world’s biggest iron ore miners, has been ordered to pay over A$150 million ($108 million) in damages to an Aboriginal group after being found to have operated the Solomon Hub project on their land without consent.
The global steel industry’s green transition is threatened by continued spending on coal-based production and underinvestment in cleaner methods, according to a clean energy research group.
The global steel industry’s green transition is threatened by continued spending on coal-based production and underinvestment in cleaner methods, according to a clean energy research group.
Stockpiles of coal at a sorting and storage facility near the Beilun Port in Ningbo, China, on Sunday, Dec. 21, 2025. China is by far the world’s biggest buyer of iron ore, but has long complained prices are mainly dictated by major global miners.
A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply of ships that haul bulk commodities.
A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply of ships that haul bulk commodities.
Singapore’s lawmakers unanimously passed a motion affirming that the country will not have jobless growth amid the artificial intelligence transition, CNA reported.
Singapore’s lawmakers unanimously passed a motion affirming that the country will not have jobless growth amid the artificial intelligence transition, CNA reported.
Commuters cross a road at night in the central business district of Singapore, on Wednesday, Oct. 28, 2015. Singapore's third quarter unemployment rates are scheduled to be released on Oct. 29 by the Ministry of Manpower.
Iron ore rose toward a one-month high, despite a resolution of a dispute between BHP Group and China Mineral Resources Group Co. that had supported prices by putting some supply at risk.
Iron ore rose toward a one-month high, despite a resolution of a dispute between BHP Group and China Mineral Resources Group Co. that had supported prices by putting some supply at risk.
BHP Group has struck a supply deal with China’s state-backed iron ore buyer, ending a months-long standoff between a vital consumer and the world’s largest miner that has roiled markets and hampered steel mills’ access to key products.
BHP Group has struck a supply deal with China’s state-backed iron ore buyer, ending a months-long standoff between a vital consumer and the world’s largest miner that has roiled markets and hampered steel mills’ access to key products.
A freight train carrying iron ore travels towards Port Hedland, Australia. Photographer: Ian Waldie/Bloomberg
Brazilian miner CSN Mineracao SA is sounding out traders for a roughly $200 million prepayment against iron ore cargoes, according to people familiar with the matter.
Brazilian miner CSN Mineracao SA is sounding out traders for a roughly $200 million prepayment against iron ore cargoes, according to people familiar with the matter.
Steel rebars on a truck outside the Companhia Siderurgica Nacional (CSN) steel plant in Volta Redonda, Rio de Janeiro state, Brazil, on Tuesday, Feb. 11, 2025. US President Donald Trump on Monday ordered a 25% tariff on steel and aluminum imports, escalating his efforts to protect politically important US industries with levies hitting some of the country’s closest allies.
China’s state-backed iron ore buyer has told several steel mills in the country they are allowed to purchase some BHP Group cargoes, an apparent concession in a months-long commercial dispute.
China’s state-backed iron ore buyer has told several steel mills in the country they are allowed to purchase some BHP Group cargoes, an apparent concession in a months-long commercial dispute.
A freight train carrying iron ore travels along a track near a Rio Tinto Group rail yard in Karratha, Western Australia, Australia, on Wednesday, June 22, 2022. Iron ore is on course to end the week lower, with the increase in Chinese steel plants being idled and swelling inventories seen as signs of stagnant demand. Photographer: Carla Gottgens/Bloomberg
China’s state-backed iron ore buyer has told several steel mills in the country they are allowed to purchase some BHP Group cargoes, an apparent concession in a months-long commercial dispute.
China’s state-backed iron ore buyer has told several steel mills in the country they are allowed to purchase some BHP Group cargoes, an apparent concession in a months-long commercial dispute.
A freight train carrying iron ore travels along a track near a Rio Tinto Group rail yard in Karratha, Western Australia, Australia, on Wednesday, June 22, 2022. Iron ore is on course to end the week lower, with the increase in Chinese steel plants being idled and swelling inventories seen as signs of stagnant demand. Photographer: Carla Gottgens/Bloomberg
Iron ore slid to its lowest in a month after a report that BHP Group’s incoming chief executive officer had met with Chinese executives in Beijing this week, a possible sign that frosty relations between the mining giant and its main customer are thawing.
Iron ore slid to its lowest in a month after a report that BHP Group’s incoming chief executive officer had met with Chinese executives in Beijing this week, a possible sign that frosty relations between the mining giant and its main customer are thawing.
Stockpiles of metal ore at the Beilun Port in Ningbo, China.
Copper rose to a three-week high after US President Donald Trump and Iran signaled readiness to hold talks to end the war in the Middle East during a proposed two-week pause in hostilities, even as Israeli strikes on Lebanon threatened to derail the fragile truce.
Copper rose to a three-week high after US President Donald Trump and Iran signaled readiness to hold talks to end the war in the Middle East during a proposed two-week pause in hostilities, even as Israeli strikes on Lebanon threatened to derail the fragile truce.
China’s electric-arc furnace steelmakers boosted weekly capacity utilization to the highest in more than two years, as the greener production method becomes more competitive.
China’s electric-arc furnace steelmakers boosted weekly capacity utilization to the highest in more than two years, as the greener production method becomes more competitive.
Bundles of steel tubes at a trading market in the outskirts of Shanghai, China, on Monday, Aug. 19, 2024. President Xi Jinping's push to end reliance on property-led growth has profound implications for the steel industry. Photographer: Qilai Shen/Bloomberg
Beijing is using a powerful but opaque entity to challenge the pricing clout of the world’s top iron ore producers.
Large machinery piles up and unloads iron ore at the Xinsu Port Terminal in Lianyungang, Jiangsu Province, China, on December 7, 2025. (Photo by Costfoto/NurPhoto via Getty Images)
Beijing is using a powerful but opaque entity to challenge the pricing clout of the world’s top iron ore producers.
Large machinery piles up and unloads iron ore at the Xinsu Port Terminal in Lianyungang, Jiangsu Province, China, on December 7, 2025. (Photo by Costfoto/NurPhoto via Getty Images)
Iron ore advanced after posting its biggest monthly gain since September 2024, supported by tropical storms in Australia and an ongoing pricing dispute between China’s state-run buyer and major miner BHP Group.
Iron ore advanced after posting its biggest monthly gain since September 2024, supported by tropical storms in Australia and an ongoing pricing dispute between China’s state-run buyer and major miner BHP Group.
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