Brazilian miner iron miner Vale has announced that it has signed a heads of agreement with Oman-based energy company OQ

The Brazilian iron ore producer,Vale, is planning to launch a lower grade iron ore in the coming months to compete in the Asian markets, particularly China.

Iron-ore rose as trade tensions eased, spurring optimism across a metals market that has been hit especially hard by global growth worries.

Rio Tinto expects its first iron ore shipment from Guinea's Simandou project in November, Gerard Rheinberger, the Anglo-Australian mining giant's managing director for Simandou, said on Monday.

Egypt-based steelmaker Suez Steel has announced that it has commissioned two new plants to serve various projects across the country and in the Middle East and Africa.

India's iron ore production has been provisionally estimated at 289 million mt in the fiscal year 2024-25

Diversified mining company Rio Tinto has reaffirmed its commitment to the Pilbara region, revealing plans to invest $13.3-billion in new mines and equipment over the next three years.

Emerging African iron-ore producer Genmin have signed a memorandum of understanding (MoU) with Sinohydro Corporation in relation to the development of Genmin's flagship Baniaka project, in Gabon.